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The interest charged on a $366000 note payable, at the rate of 6%, on a 90-day note would be (Use 360 days for calculation.) $21960.
The interest charged on a $366000 note payable, at the rate of 6%, on a 90-day note would be (Use 360 days for calculation.)
$21960.
$10980.
$5490.
$1830.
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Managerial Accounting
Authors: Brenda Mallouk
2nd Edition
017640709X, 978-0176407094
