The accrued interest for a three month note payable of $10,000 dated December 1, 2022 at an interest rate of 6% is $150 on December 31, 2022.

Name: The accrued interest for a three month note payable of $10,000 dated December 1, 2022 at an interest rate of 6% is $150 on December 31, 2022.
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

The Answer of The accrued interest for a three month note payable of $10,000 dated December 1, 2022 at an interest rate of 6% is $150 on December 31, 2022.

The Accrued Interest for a Three Month Note Payable of $10,000