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-   -   Accrued interest owed on the note (https://www.askmehelpdesk.com/showthread.php?t=452474)

  • Feb 27, 2010, 07:10 PM
    zhanurik
    Accrued interest owed on the note
    Purchased a truck for 28,000. Paid 5000 in cash and signed 3 year note payable for the balance. Annual interest rate on note is 5%. Interest payments are due on quarterly basis. The 1st payment is due May1. What is accrued interest owed for February
  • Feb 28, 2010, 12:29 AM
    morgaine300

    Please review the guidelines for posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

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