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0 / 1 pts Question 21 Roscoe Company purchased equipment on November 1, 2020 and gave a 9-month, 5% note with a face value of
0 / 1 pts Question 21 Roscoe Company purchased equipment on November 1, 2020 and gave a 9-month, 5% note with a face value of $46,459 to pay for the equipment. Interest and principle are paid back when the entire loan is due. What is the amount of total cash paid back at the end of the loan, including principle and interest (this is a simple interest loan)? Round your answer to the nearest whole dollar. Don't use dollar signs when entering your answer. You Answered 387 Correct Answer 48,201 margin of error +/- 1
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