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A hardware company adds 5% to bills that are not paid within a 30-day period. A carpenter is unable to pay a bill for $92.35
A hardware company adds 5% to bills that are not paid within a 30-day period. A carpenter is unable to pay a bill for $92.35 until after 30 days. What the interest charged on the bill?
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Advanced Financial Accounting
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
6th edition
013703038X, 978-0137030385
