Notes and Interest

Questions (2)

Malinda Levi borrows $12,000 on a 9.5% , 90 day note. On the 30th day, Malinda pays $4,000 on the note. If ordinary interest is
1. 3 answers
2. asked by Chol
3. 1,560 views
OBX Mufflers accepted a five-month, 7.5% interest, $2,400 note from ABD Motors on June 1, 2008. The entire balance is payable at
1. 1 answer
2. asked by Joyce
3. 363 views