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    Financial Accounting Information for Decisions
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    Exam 7: Reporting and Analyzing Receivables
  5. Question
    The Interest Accrued on $3,600 at 7% for 60 Days
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The Interest Accrued on $3,600 at 7% for 60 Days

Question 35

Question 35

Multiple Choice

The interest accrued on $3,600 at 7% for 60 days is:


A) $36.
B) $42.
C) $252.
D) $180.
E) $420.

Correct Answer:

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