The interest charged on a $252000 note payable, at the rate of 6%, on a 90-day note
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Question:
The interest charged on a $252000 note payable, at the rate of 6%, on a 90-day note would be (Use 360 days for calculation.)
a) $3800
b) $3750
c) $3780
d) $3870
Related Book For
Thermodynamics for Engineers
ISBN: ?978-1133112860
1st edition
Authors: Kenneth A. Kroos, Merle C. Potter
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