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how to get the interest revenue of 12,000, interest rate of .

how to get the interest revenue of 12,000, interest rate of .12 in 30/360 interest period

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.12*30/360=.01 12000/.01=1200000 If... View the full answer

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2 comments
  • i am having problems understanding how to divide 30/360X.12
    • TINOMEM31
    • Jun 03, 2018 at 1:24pm
  • got it thank u
    • TINOMEM31
    • Jun 03, 2018 at 1:26pm

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