National Co borrowed P100,000 for six months from the bank The rate is prime plus 1 percent The prime rate was 8 5 percent at the beginning of the loan and changed to 9 percent after two months This was the only change How much interest must National Co corporation pay National Co borrowed P100,00...

To calculate the interest that National Co must pay on the loan well ...

National Co. borrowed P100,000 for six months from the bank. The rate is prime plus 1...

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Cornerstones of Financial and Managerial Accounting

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Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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National Co. borrowed P100,000 for six months from the bank. The rate is prime plus 1...

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