How was the interest calculated 5 The Fredon corporation has recently sold Ron Obvious a note which pays $5000 a year from today If Ron paid $4800 for this note, the effective interest rate on this note is whatever this interest rate is in the overall market a b whatever rate is set by the Bank of ...

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How was the interest calculated ? 5. The Fredon corporation has recently sold Ron Obvious a note

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How was the interest calculated ?

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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How was the interest calculated ? 5. The Fredon corporation has recently sold Ron Obvious a note

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College Accounting

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