Question: Analyzing and Computing Accrued Interest on Notes Compute any interest accrued for each of the following notes payable owed by Penman, Inc., as of December

Analyzing and Computing Accrued Interest on Notes
Compute any interest accrued for each of the following notes payable owed by Penman, Inc., as of December 31 of the current year (assume a 365-day year).
Round your answers to two decimal places.
Lender Issuance Date Principal Coupon
Rate (%) Term Accrued Interest
Nissim 11/21 $18,0008%120 days
Answer 1
Klein 12/1311,000790 days
Answer 2
Bildersee 12/1916,0001060 days
Answer 3

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