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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
A company signs a note payable for $3,500 at 9% for 45 days. How much interest (to the nearest cent) will the company owe using a 360-day year?
A) $354.38
B) $315.00
C) $39.38
D) $38.84
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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More solutions for this book are available here
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Massachusetts Institute of Technology
-- Accounting

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tivo Author
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#2
7 years ago
Luckily this is the last business course I'll be taking. Thank you greatly
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