A company receives a 5%, 90-day note for $3,600. The total interest due on the maturity date is: (Use 360 days a year.)

$45

Explanation:

The total interest due on note can be calculated by multiplying the Value of note with interest rate for required days. The formula for interest should be

Total Interest due = Value of Note x Interest Rate x 90/360

DATA

Value of note = $3,600

Interest rate = 5%

Number of days = 90

Total days n a year = 360

Solution

Total interest due = 3,600 x 5% x 90/360

Total interest due = $45

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

a. primarily outdoors, responding to emergencies and protecting people.

have a nice day!