Question: Notes Payable 10,000.00 Loans Payable 21,000.00 6% interest note payable was made on January 31, 2017, and is due February 1, 2019. 5-year loan was

Notes Payable 10,000.00

Loans Payable 21,000.00

6% interest note payable was made on January 31, 2017, and is due February 1, 2019.

5-year loan was made on June 1, 2017. Terms are 7.5% annual rate, interest only until due date.

I need to find the Interest Expense from these payables.

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