Question: M8-10 Using the Interest Formula to Compute Interest (LO 8-3] Complete the following table by computing the missing amounts for the following independent cases. (Do

M8-10 Using the Interest Formula to Compute Interest (LO 8-3] Complete

M8-10 Using the Interest Formula to Compute Interest (LO 8-3] Complete the following table by computing the missing amounts for the following independent cases. (Do not round intermediate calculations. Round "Annual Interest Rate" to 1 decimal place.) Principal Amount on Note Receivable Annual Interest Rate Time Period Interest Earned a. 10.4 % 90,000 48,000 $ 6 months 9 months 12 months $ 3,168 $ 3,724 9.8 %

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