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    Financial Accounting Information for Decisions
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    Exam 7: Reporting and Analyzing Receivables
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    A Company Receives a 7
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A Company Receives a 7

Question 92

Question 92

Multiple Choice

A company receives a 7.5%,six-month note for $8,900.The total interest due on the maturity date is:


A) $66,750.00.
B) $4,005.00.
C) $2,002.50.
D) $667.50.
E) $333.75.

Correct Answer:

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