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Use the Dynamic Exhibit to answer the following questions. 1. When the rate of interest on the note is 15%, the amount of cash received
Use the Dynamic Exhibit to answer the following questions.
1. When the rate of interest on the note is 15%, the amount of cash received on August 10th is $.
2. When the rate of interest on the note is 15%, the amount paid to the Western National Bank on November 8th is $.
3. When the rate of interest on the note is 13%, the amount of interest expense is $.
4. When the rate of interest on the note is 12%, the amount paid to the Western National Bank on November 8 is $.
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