Calculate the interest for the following assume a 360-day year: a. $12,000 2% 2 years b. $19,000

Question:

Calculate the interest for the following assume a 360-day year:

a.

$12,000

2%

2 years

b.

$19,000

9%

10 months

c.

$7,000

16%

90 days

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College Accounting A Practical Approach

ISBN: 9780134729312

14th Edition

Authors: Jeffrey Slater, Mike Deschamps

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