(Figure)Race Nuts turns a great $130,100 account payable on an initial-title note payable, with an annual interest off six%, and you can payable inside four weeks. How much attract tend to Marathon Crazy are obligated to pay at the conclusion of five days?
- $2,600
- $7,800
- $137,800
- $132,600
Concerns
A short-label notes payable has no a lot of time-title features and that’s meant to be paid-in full within this their operating months (below a year). The modern part of a great noncurrent mention payable depends from out-of a lengthy-title debt but is simply named a recently available responsibility whenever an element of the long-identity notice payable flow from. Continue lendo “A corporate borrows funds from a financial, therefore the financial helps to make the notice payable inside a-year, which have attract”