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, 2015 (use a 365-day year): Lender Issuance Date Principal Interest Rate (%) Term Nissim 11/21/2015 $22,000 10% 120 days Klein 12/13/2015 18,000 9% 90 days Bildersee 12/19/2015 20,000 12% 60 days Round your answer to two decimal places. Nissim Answer Klein Answer Bildersee Answer
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