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Using a 360-day year, interest calculated for 90 days on a $9,000, 6% promissory note is:

Fast2F

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Using a 360-day year, interest calculated for 90 days on a $9,000, 6% promissory note is:

Using a 360-day year, interest calculated for 90 days on a $9,000, 6% promissory note is:
A) $135.
B) $450.
C) $540.
D) some other amount.

Textbook

College Accounting: A Practical Approach

College Accounting: A Practical Approach

Edition: 13^th

Author: Slater

Read 108 times

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Fast2F Author

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I’m very happy now Smiling Face with Open Mouth

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