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    Business
  3. Study Set
    Financial Accounting Reporting Analysis
  4. Exam
    Exam 9: Reporting and Analysing Liabilities
  5. Question
    A $15,000, 8%, 9-Month Note Payable Requires an Interest Payment
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A $15,000, 8%, 9-Month Note Payable Requires an Interest Payment

Question 50

Question 50

True/False

A $15,000, 8%, 9-month note payable requires an interest payment of $900 at maturity.

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