Question: Higgins Enterprises is accepting notes receivable from four customers for $18,000 each. Which customer will end up paying the LEAST in interest, assuming all individuals
Higgins Enterprises is accepting notes receivable from four customers for $18,000 each. Which customer will end up paying the LEAST in interest, assuming all individuals pay in full on the maturity date? Select answer from the options below Individual 3 has an annual interest rate of 7.3% and a maturity date of 90 days. Individual 2 has an annual interest rate of 5.98% and a maturity date of one year. Individual 1 has an annual interest rate of 6.75% and a maturity date of four months. Individual 4 has an annual interest rate of 7.15% and a maturity date of eight months
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