Question: need help asap Kane Company signed a note payable with one of its suppliers, Bodie Manufacturing. According to the contract, Kane borrowed $8,000 from Bodie
Kane Company signed a note payable with one of its suppliers, Bodie Manufacturing. According to the contract, Kane borrowed $8,000 from Bodie on February 1, 2020 at a rate of 3%. Both interest and principal are payable on April 30, 2020. Calculate the amount payable on April 30, 2020 Select one: a. $8,240 b. $8,180 c. $8,060 d. $8,000
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