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denausor denausor
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10 months ago
Your friend signs a promissory note for $2,000 for 30 days with a rate of 2.25% attached. After fifteen days, you realize you need the money and sell the promissory to another friend to yield you 3.00%. How much interest did your friend earn in interest (dollar amount) for holding the promissory note for the last fifteen days?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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nalsaidynalsaidy
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10 months ago
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denausor Author
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10 months ago
You make an excellent tutor!
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Thanks
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