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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 16: Notes Payable and Notes Receivable
  5. Question
    Compute the Amount of Interest Owed on a 4-Month,6 Percent
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Compute the Amount of Interest Owed on a 4-Month,6 Percent

Question 2

Question 2

Essay

Compute the amount of interest owed on a 4-month,6 percent note for $7,000.

Correct Answer:

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