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    College Accounting Study Set 2
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    Exam 14: Notes Receivable and Notes Payable
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    Interest Due on a $26,000, 11%, 2
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Interest Due on a $26,000, 11%, 2

Question 47

Question 47

Multiple Choice

Interest due on a $26,000, 11%, 2.5-year note is: (Do not round any intermediate calculations. Round your final answer to the nearest dollar.)


A) $2,860.
B) $33,150.
C) $7,150.
D) $26,000.

Correct Answer:

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