Question: Hello,I need help with a problem please, and thank you. On May 1, Year 1, Benz's Sandwich Shop loaned $16,000 to Mark Henry for one

Hello,I need help with a problem please, and thank you. On May 1, Year 1, Benz's Sandwich Shop loaned \$16,000 to Mark Henry for one year at 6 percent interest. Required a. What is Benz's interest income for Year 1 ? b. What is Benz's total amount of recei 2 answers

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