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What's the total Late Fee Interest charged to the customers based on the policy below?

What's the total Late Fee Interest charged to the customers based on the policy below? 

image.png


SELECT ONLY ONE 

  • $0 

  • $50 

  • $75 

  • $100 

  • $200

business   accounting   
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✔ Recommended Answer
Answer #1

Customer echardt design is charged with interest of

1000*5%(31-60 days) = 50

Answer option B $50

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