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 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 $ 110,000 52.000 10.4% % b $ 6 months 9 months 12 months $ 3,432 $ 4,284 c 10.2%
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