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A Six-Month Note Receivable for $5000 at 11%,dated October 1,2020,has

Question 162

Multiple Choice

A six-month note receivable for $5000 at 11%,dated October 1,2020,has accrued interest revenue of ________ as of December 31,2020.(Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar.)


A) $552
B) $276
C) $138
D) $69

Correct Answer:

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