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Author Question: A company signs a note payable for $3,500 at 9% for 60 days. How much interest (to the nearest cent) ... (Read 110 times)

kwoodring

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on: Feb 18, 2020
A company signs a note payable for $3,500 at 9% for 60 days. How much interest (to the nearest cent) will the company owe using a 360-day year? (Round your final answer to the nearest cent.)
◦ $52.50
◦ $51.78
◦ $57.23
◦ $315.00
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by kwoodring on Feb 18, 2020

komodo7

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kwoodring

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Reply 2 on: Feb 18, 2020
Excellent

mohan

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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