On April 1,2017,Banne Services received a 9-month note for $13,000 at 11%.Calculate the amount of interest due at maturity.(Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )

Name: On April 1,2017,Banne Services received a 9-month note for $13,000 at 11%.Calculate the amount of interest due at maturity.(Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )
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Quizplus · Accepted Answer

D)($13,000 × 11%)× 9/12 = $1,073

On April 1,2017,Banne Services Received a 9-Month Note for $13,000