Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN: 9781947172685
Author: OpenStax
Publisher: OpenStax College
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A business receives a 6%, 120-day note for $2,400. Calculate the total
interest due on the maturity date. (Use 360 days a year.)
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Transcribed Image Text:A business receives a 6%, 120-day note for $2,400. Calculate the total interest due on the maturity date. (Use 360 days a year.)
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