Atable of notes receivable for 2018 follows:
for each of the notes receivable, compute...
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Business, 10.01.2020 03:31 alyssa2157
Atable of notes receivable for 2018 follows:
for each of the notes receivable, compute the amount of interest revenue earned during
2018.
round to the nearest dollar. (use a 365 -day year for the notes with interest periods in days and a 12-month year for notes with interest periods in months.)
note 1
note 2
note 3
note 4
principal
interest rate
interest period during 2018
note 1
$30,000
4%
3
months
note 2
16,000
8%
90
days
note 3
18,000
10%
180
days
note 4
150,000
12%
6
months
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