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    A 6-Month Note Is Issued on November 1
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A 6-Month Note Is Issued on November 1

Question 55

Question 55

Multiple Choice

A 6-month note is issued on November 1.If no previous accruals have been made,how many months of interest should be accrued on December 31?


A) 6
B) 2
C) 4
D) 0

Correct Answer:

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