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The interest on a $5,400, 3%, 45-day note is ______________. a. $2.03 b. $19.97 c. $20.25 d. $202.50

The interest on a $5,400, 3%, 45-day note is ______________. a. $2.03 b. $19.97 c. $20.25 d. $202.50
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The interest on a $5,400, 3%, 45-day note is ______________.

a. $2.03
b. $19.97
c. $20.25
d. $202.50

User Xonya
by
8.2k points

1 Answer

9 votes
C.The interest rate on a $5,400, 3%, 45-day note is $20.25
User Michael WS
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8.4k points
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