Question: Please answer clearly for rating. Determine the interest on the following notes: (Round answers to 2 decimal places, eg. 52.75. Use 360 days for calculation)
Please answer clearly for rating.
Determine the interest on the following notes: (Round answers to 2 decimal places, eg. 52.75. Use 360 days for calculation) (a) (b) (c) (d) $1,920 at 6% for 90 days. $1,040 at 9% for 5 months. $2,880 at 8% for 60 days. $1,600 at 7% for 6 months. $ $ $ $
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