Question: What is the effective interest rate on a 3 - moGoosen Company bought a copyright for $ 9 0 , 6 0 0 on January

What is the effective interest rate on a 3-moGoosen Company bought a copyright for $90,600 on January 1,2021, at which time the copyright had an estimated useful life of 15 years. On January 5,2024, the company determined that the copyright would expire at the end of 2029. How much should Goosen record retrospectively as the effect of change? Question 2 options: A) $0 B) $6,040 C) $7,550 D) $13,59nth, noninterest-bearing note with a stated rate of 12% and a maturity value of $200,000?
Note: Do not round intermediate calculations. Round final answer to 1 decimal place.
Question 25 options:
A)
12.4%
B)
13.6%
C)
11.5%
D)
3.1%

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