Question: This is a short - term note. The company borrowed money from JRT Investments on October 1 , Y 7 for 6 months. The principal,

This is a short-term note. The company borrowed money from JRT Investments on October 1, Y7 for 6 months. The principal, along with interest is to be repaid on March 31, Y8. The interest rate is 8.20%.

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