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  3. Study Set
    Fundamental Accounting Principles
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    Exam 8: Receivables
  5. Question
    Calculate the Amount of Interest That Would Be Owed on a $10,000
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Calculate the Amount of Interest That Would Be Owed on a $10,000

Question 143

Question 143

Short Answer

Calculate the amount of interest that would be owed on a $10,000, 90-day, 5% note receivable.

Correct Answer:

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$123.29 ($...

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