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Igoryamba
2 years ago
12

On June 30, Nance Company receives a $5,000, 90-day, 4% note from a customer as payment on her account. How much interest will b

e due on the note's maturity date
Business
1 answer:
DedPeter [7]2 years ago
5 0

Answer:

50$

Explanation:

5000 x 4% x 90/360 = 50$

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Answer:

the question is missing the discount or interest rate that we must use to calculate the answer.

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but if the interest rate is 8%, then the homeowner would need to save at least $2,481 x 8% = $198.48 per year.

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3 years ago
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3 years ago
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5 0
2 years ago
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I hope this helps you.

7 0
3 years ago
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ValentinkaMS [17]

Answer:

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