What is the total interest360-day year on a 1500 12 120-day


What is the total interest

(360-day year) on a $1,500, 12%, 120-day note?

A.$6.00

B.$60.00

C.$180.00

D.$1680.00

E.None of the above

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Financial Accounting: What is the total interest360-day year on a 1500 12 120-day
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