Douglas Company has a $51,000 note that carries an annual interest rate of 10%. If the amount
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Douglas Company has a $51,000 note that carries an annual interest rate of 10%. If the amount of the total interest on the note is equal to $2,125, then what is the duration of the note in months?
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Computaiton of the Note Payable Duration Given information Note payable 5100...View the full answer
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Related Book For 
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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