Determine the interest on the following notes payable:
a.$6,000 at 10 percent for 60 days
b.$600 at 16 percent for 4 months
c.$10,000 at 12 percent for 45 days
d.$900 at 14 percent for 30 days

Question

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The Answer of Determine the interest on the following notes payable:
a.$6,000 at 10 percent for 60 days
b.$600 at 16 percent for 4 months
c.$10,000 at 12 percent for 45 days
d.$900 at 14 percent for 30 days

Determine the Interest on the Following Notes Payable