Calculate the interest on a 270-day, 11% note for $36,000. (Use a 360-day year to compute interest. Round your answer to the nearest dollar.)

A) $5,940
B) $2,970
C) $3,960
D) $330


B .($36,000 x 11%) x 270 / 360 = $2,970

Business

You might also like to view...

There are two kinds of resumes: generic and ______________

a. general b. template c. targeted d. resolute

Business

Jenna and Blake are both line workers at LennoCorp. This week, they each worked 40 hours. Jenna produced 83 units this week, and Blake produced 71 units. Jenna received higher pay for the week than Blake did. Jenna and Blake are compensated based on

A. hourly work. B. piecework. C. skilled labor. D. competence.

Business

Leaders with ______ are honest in their dealings with others.

A. courage B. ethics C. prudence D. integrity

Business

Which of the following guidelines should be followed for preparing good visual presentations?

A. Begin with a slide showing the title of the presentation and the individual doing the presentation. B. Begin a visual presentation with recommendations and research implications as they pertain to the study at hand. C. Use flamboyant graphics in a visual presentation to impress clients. D. Avoid developing the slides in a sequence as they may fail to engage the audience. E. Avoid identifying the marketing research firm in a visual presentation.

Business