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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 Calculated for One Year on a $10,000, 6% Promissory
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Interest Calculated for One Year on a $10,000, 6% Promissory

Question 19

Question 19

Multiple Choice

Interest calculated for one year on a $10,000, 6% promissory note is:


A) $6.00.
B) $600.
C) $60.
D) some other amount.

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