12.6. Determine the interest on the following notes: (a) $750 principal, 6 percent interest, 96 days; (b)
Question:
12.6. Determine the interest on the following notes:
(a) $750 principal, 6 percent interest, 96 days;
(b) $800 principal, 9 percent interest, 90 days. Use the 60-day, 6% method.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Schaums Outline Of Principles Of Accounting I
ISBN: 978-0070381490
5th Edition
Authors: Joel Lerner ,James Cashin
Question Posted: