Question: Compute the Interest. Expense for the Year ended Dec-31-2016, Given: Our Business borrowed $30,000 to Buy Equipment on April-1-2016 at 6% on a 4 Year

Compute the Interest. Expense for the Year ended Dec-31-2016, Given: Our Business borrowed $30,000 to Buy Equipment on April-1-2016 at 6% on a 4 Year Note Payable. Show answer as number only with no Dollar signs, no Commas, no Decimals

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