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A company receives a 10%, 90-day note for $3,900. The total interest due on the maturity date is: (Use 360 days a year.) A.) $97.50.
| A company receives a 10%, 90-day note for $3,900. The total interest due on the maturity date is: (Use 360 days a year.) |
A.) $97.50.
B.) $390.00.
C.) $130.00.
D.) $195.00.
E.) $227.50.
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The Practitioners Guide To Edp Auditing
Authors: Jack Mullen
1st Edition
0136912621, 978-0136912620
