Question
On June 24, The Pineapple Store purchases products from your company, with a Short Term note (due in 90 days) for $3,500, with an annual
On June 24, The Pineapple Store purchases products from your company, with a Short Term note (due in 90 days) for $3,500, with an annual interest rate of 6%. On September 22, The Pineapple Store settles the note by paying the full amount owing plus interest. How much did they pay in total?
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Auditing Information Systems A Comprehensive Reference Guide
Authors: Jack J. Champlain
1st Edition
0471168904, 978-0471168904
