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7. Receivables and Investments
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Problem 15
7. Receivables and Investments
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7. Receivables and Investments / Notes Receivable / Problem 7
Problem 7
Calculate the interest for a \$5,000 note with a 10% annual interest rate issued for 60 days.
A
\$100.00
B
\$83.33
C
\$75.00
D
\$50.00
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