Question: What is the interest earned on a $ 2 3 , 9 3 9 , 1 4 % , 1 8 0 day note receivable?

What is the interest earned on a $23,939,14%,180 day note receivable? Round to the nearest one dollar.
 What is the interest earned on a $23,939,14%,180 day note receivable?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!