Question: Swifty Supply accepts a $3,000,120-day, 5% note dated April 10 from Clairmont in settlement of Leonard's overdue open account. What is the maturity date? Determine
Swifty Supply accepts a $3,000,120-day, 5% note dated April 10 from Clairmont in settlement of Leonard's overdue open account. What is the maturity date? Determine the interest amount for the three promissory notes. (For notes expressed in terms of days, use a 360 -day year. Round your anowers to 2 decimal places, es. 52.75
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