Essay
Determine the interest on the following notes payable:
a. $3,000 at 10 percent for 60 days
b. $600 at 16 percent for 4 months
c. $5,000 at 12 percent for 45 days
d. $900 at 14 percent for 30 days
Correct Answer:
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a. $49.32 ($3,000 
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Correct Answer:
Verified
10/100 60/3...View Answer
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