What is the interest per month

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Reference no: EM131784422

Problem

On 1 June 2015 the company borrowed 18000.00 by signing a nine month 8 percent note payable. the entire amount plus interest on mar 1 2016. What is the interest per month?

Reference no: EM131784422

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What is the interest per month : On 1 June 2015 the company borrowed 18000.00 by signing a nine month 8 percent note payable. the entire amount plus interest. What is the interest per month?
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