Question
The interest charged on a $50,000 note payable, at the rate of 6%, on a 90-day note would be a. $3,000. b. $1,500 c. $750.
The interest charged on a $50,000 note payable, at the rate of 6%, on a 90-day note would be
a. $3,000.
b. $1,500
c. $750.
d. $500.
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
