The interest on a $33000, 8%, 30-day note receivable is
$1320.
$440.
$660.
$220.
Answer : D = $ 220.
>> Interest = Principle Amount * Rate of interest * Days / 360.
>> Principle amount = $ 33,000.
>> Rate of interest = 8 %.
>> Days = 30.
>> Interest = $ 33,000 * 0.08 * ( 30 / 360 ).
>> Interest = $ 220
The interest on a $33000, 8%, 30-day note receivable is $1320. $440. $660. $220.
Question 1 550 to 880 kcal. 330 to 660 kcal. 220 to 440 kcal 440 to 770 kcal
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