For each of the following notes receivable, compute the amount of interest revenue earned during 2018. Use
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For each of the following notes receivable, compute the amount of interest revenue earned during 2018. Use a 360-day year, and round to the nearest dollar.
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Interest Period During 2018 Principal Interest Rate $ 25,000 11 months 75 days 45 days 9 months Note 1. Note 2. Note 3. Note 4.. 9% 8% 6% 42,000 10,000 125,000 4%
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Note 1 25000 x 09 x 1112 2...View the full answer
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