Business, 16.11.2020 18:00 antonjas001
Corporation borrows cash by signing a $90,000, 8%, eight-month note on December 1 with its local bank. The total cash paid for interest (only) at the maturity of the note by Lexter will be:
a. $600
b. $3,600
c. $4,800
d. $7,200
Answers: 2
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Corporation borrows cash by signing a $90,000, 8%, eight-month note on December 1 with its local ban...
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