ACCT 220 Week 4 Homework

ACCT 220 Week 4 Homework

Author: briggs holly

ACCT 220 Week 4 Homework


ACCT 220 Week 4 Homework



Week 4

Compute the interest for the following notes and assume at 360 day year for all quizzes, homework, etc.


Date of Note               Principle                      Interest Rate (%)         Term               Interest

July 1                           $100,000                                 10%                 90 Days

January 1                     $70,000                                   8%                   120 Days

September 1               $200,000                                 4%                   60 Days

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