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A one-year, $19, 800, 12% note is signed on April 1. If the note is repaid on December 1 of the same year, how much

A one-year, $19, 800, 12% note is signed on April 1. If the note is repaid on December 1 of the same year, how much interest expense is incurred? $1386 $2.376 $1782 $1584

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