Question: trying to determine interest expense on: a 10,000 note with 6%interest made on jan 31 2017 and is due feb 1 2019. a 5 year
trying to determine interest expense on:
a 10,000 note with 6%interest made on jan 31 2017 and is due feb 1 2019. a 5 year loan was made on june 1 2017. Terms are 7.5% annual rate and interest only until due date.
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