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A company issued a 7%, 90 day Note Payable to cover some Accounts Payable. The Note was signed on April 1. What amount of interest
A company issued a 7%, 90 day Note Payable to cover some Accounts Payable. The Note was signed on April 1.
What amount of interest would be owed on May 31?
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
