Question
MNO issues a $77,033, 9-month, 3.6% simple interest note for equipment on August 1. How much interest accrues by December 31 ?
MNO issues a $77,033, 9-month, 3.6% simple interest note for equipment on August 1. How much interest accrues by December 31?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
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