Question: A Company received a 9 % , 9 0 - day note for SAR 1 0 0 , 0 0 0 . The total interest

A Company received a 9%,90-day note for SAR 100,000. The total

A Company received a 9%,90-day note for SAR 100,000. The total interest due on the maturity date will be:
a. SAR 2,850
b. SAR 1,500
c. SAR 2,250
interest due on the maturity date will be: a. SAR 2,850 b.

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