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21. What would be the value of cell B3? Dec-2012 Dec-2010 2 Interest Expense 3 Long Term Debt 4 Notes Payable/Short Term Debt 5000000 5

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21. What would be the value of cell B3? Dec-2012 Dec-2010 2 Interest Expense 3 Long Term Debt 4 Notes Payable/Short Term Debt 5000000 5 Interest Rate on LTD 6 Interest Rate on Short-term Debt 0.0208 7 Iteration -HB-0.C2B3"B5-B4B6) 1200000 20000000 0.0423 a. 1,200,000 b. 950,000 c. 846,000 d. 416,000 e. 211,500

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