On 1 june 2015 the company borrowed 1800000 by signing a


Problem

On 1 June 2015 the company borrowed 18000.00 by signing a nine month 8 percent note payable. the entire amount plus interest on mar 1 2016. What is the interest per month?

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Accounting Basics: On 1 june 2015 the company borrowed 1800000 by signing a
Reference No:- TGS02579933

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