Question: A note payable for $13,000 that was payable in 180 days with an annual interest rate of 10 percent would require an interest payment

A note payable for $13,000 that was payable in 180 days with an annual interest rate of 10 percent would require an interest payment of $ due date. (Assume that a year has 360 days for the purposes of this calculation.) on its
Step by Step Solution
3.28 Rating (157 Votes )
There are 3 Steps involved in it
The interest payment on the 13000 note payable would be calculat... View full answer
Get step-by-step solutions from verified subject matter experts
