Essay
Determine the interest on the following notes:
(a) $2000 at 6% for 90 days.
(b) $900 at 9% for 5 months.
(c) $3000 at 8% for 60 days
(d) $1600 at 7% for 6 months
Correct Answer:
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(a) $30.00 ($2000 × .06 × 90/3...View Answer
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Correct Answer:
Verified
(a) $30.00 ($2000 × .06 × 90/3...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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