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14 On November 1, Year 1, Noble Company borrowed $64.000 from South Bank and signed a 12%, six month note payable, il due at maturity.

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14 On November 1, Year 1, Noble Company borrowed $64.000 from South Bank and signed a 12%, six month note payable, il due at maturity. The interest on this loan is stated separately How much interest expere will Noble recognize on this note in Year 2? Multiple Choke 52600 1920 $30 32,660 GE

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