Compute any interest accrued for each of the following notes payable owed by penman, inc. as of december 31 2012 assume a 365 day year. round your answers to two decimal places.

lenderissuance dateprincipalcoupon rate %term
nissim11/21/2012$18,0008120 days
klein12/13/2012$11,000790 days
bildersee12/19/2012$16,0001060 days

Interest accrued for the notes:

Nissim:       $  201,21

Klein:          $   40.08

Bilderseet: $   52.60

Explanation:

interest are calcualte as follows:

principal x rate x time = interest

we must always express rate and time in the same metric, in this case days over a 365 days year

Nissim: time from 11/21/2012 to 12/31/2012 = 51 days

18,000 x 8% x 51/365 = 201,2054

Klein time from 12/13/2012 to 12/31/2012 = 19 days

11,000 x 7% x 19/365 = 40,08219

Bilderseet time from 12/19/2012 to 12/31/2013 = 12 days

16,000 x 10% x 12/365 = 52,6027

i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

hope i explained myself

answer; read and consider the content of the items;