Answer: Interest expense=$108
Explanation:
Interest expense =Principal x Rate x Time ( Period)
Where
Principal = $16,200
Rate =, 8%
TIme ( Period ) = From December 1st to 31`st = 30 days
Interest expense= P x R x T
= $16,200 X 0.08 X 30/360
=$108
The amount of interest expense accrued at December 31 on the note is $108
Answer:
The mission of the institute is to promote agricultural science and to train manpower for agricultural development focusing on teaching, research and extension.
Explanation:
<span>unemployment rises; the price level falls</span>
<span>The service jobs, service workers
in section of working class / middle class
-manufacturing jobs have gone down since 73'</span>