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What is the total interest (360-day year) on a $1,500, 12%, 120-day note? A.$6.00 B.$60.00 C.$180.00 D.$1680.00 E.None of the above
What is the total interest (360-day year) on a $1,500, 12%, 120-day note?
A.$6.00
B.$60.00
C.$180.00
D.$1680.00
E.None of the above
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Financial Accounting Theory
Authors: Craig Deegan, H. Bierman
4th Edition
0071013148, 978-0071013147
