Question: ( 2 points ) On July 1 7 , 2 0 2 5 , a company sells goods to a customer, accepting a 2 -

(2 points) On July 17,2025, a company sells goods to a customer, accepting a 2-year, $3,500 note
bearing 6% annual interest in exchange for the goods. How much interest income will the company
recognize in total over the 2-year life of the note?
(2 points) On July 17,2025, a company sells goods to a

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