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pompa pompa
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7 years ago
A firm arranged for a 120-day bank loan at an annual rate of interest of 10 percent. If the loan is for $100,000, how much interest in dollars will the firm pay? (Assume a 360-day year.)
A) $10,000
B) $30,000
C) $3,333
D) $1,000
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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7 years ago
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"It is better to fail in originality than to succeed in imitation."

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wrote...
#2
4 years ago
thank you!!!!!
wrote...
#3
3 years ago
c 3,333
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