The interest charged on a $95000 note payable, at the rate of 6%, on a 90-day note
Fantastic news! We've Found the answer you've been seeking!
Question:
The interest charged on a $95000 note payable, at the rate of 6%, on a 90-day note would be(Use 360 days for calculation.)
$950.
$2850.
$5700.
$1425.
Posted Date: