DeNova Real Estate signed a four-month note payable in the amount of $47200 on September 1. The
Fantastic news! We've Found the answer you've been seeking!
Question:
DeNova Real Estate signed a four-month note payable in the amount of $47200 on September 1. The note requires interest at an annual rate of 8%. The amount of interest to be accrued at the end of September is:
$708.
$3776.
$315.
$944.
Posted Date: