If a note provides for payment of principal of $85,000 and interest at the rate of 6%,
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If a note provides for payment of principal of
$85,000 and interest at the rate of 6%, will the interest amount to $5,100? Explain.
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Related Book For 
Financial And Managerial Accounting
ISBN: 9781305267831,9781305267848
13th Edition
Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac
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