Question: Please include what steps you take to solve this problem 1. A $60,000, FOUR-MONTH, 7% NOTE PAYABLE WAS ISSUED ON DECEMBER 1, 2015. WHAT IS

Please include what steps you take to solve this problem 1.

Please include what steps you take to solve this problem

A $60,000, FOUR-MONTH, 7% NOTE PAYABLE WAS ISSUED ON DECEMBER 1, 2015.

1. A $60,000, FOUR-MONTH, 7% NOTE PAYABLE WAS ISSUED ON DECEMBER 1, 2015. WHAT IS THE AMOUNT OF ACCRUED INTEREST ON DECEMBER 31, 2015

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