题目内容

资料题：How much interest should the Dodge Household Furniture Co. pay to Great Investment Trust Co., if it pays the loan back in June?

2021-03-19

A.$ 2700

B.$ 2600

C.$ 2500

D.$ 2400

参考资料

Dodge Household Furniture Co.25 east Tenth StreetChicago, IMay 14, 2008Mr. Walter Roberts, Office Managerw 281Great Investment Trust Co.noifidinkg ont 1o 9on1o notgposn69 Jones Street, New YorkDear Mr. Roberts,The unfavorable condition of the market here has compelled us to approach you for a short-term loan of 60 ,000 dollars to extricate us from temporary difficulties. We leave it to you to fix the rate of interest.As we have been doing business to each other's advantage for so long a time, we trust that you will be kind enough to oblige us with the said amount. We promise to pay back the money as soon as business begins to improve.Your favorable reply will be highly appreciated by,Yours very respectfully,Dodge Household Furniture Co.(Signed)Henry NorrisHenry NorrisManager Great Investment Trust Co.69 Jones Street, New YorkMay 20，2008Mr. Henry Norris, ManagerDodge Household Furniture Co.25 east Tenth StreetChicago, IIIDear Mr. Norris,We are deeply distressed to learn from your letter that your company is now in an adverse financial situation as a result of business depression and badly in need of a loan. Cons ider ing our long-standing cl ientage of mutual benefit, we deem it our duty to help you out of the present dilemma. Herewith we send you under separate cover a check for the full sum as requested. Please note that the rate of interest is4号per month and4.58 per quarter. We are conf ident that your business will soon look up.Wish you very good luck.Yours very respectfully,Great Investment Trust Co.(Signed)Walter RobertsWalter RobertsOff ice Manager

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