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A table of notes receivable for 2024 follows: (Click the icon to view the table of notes receivable for 2024.) For each of the notes
A table of notes receivable for 2024 follows: (Click the icon to view the table of notes receivable for 2024.) For each of the notes receivable, compute the amount of interest revenue earned during 2024. Round to the nearest dollar. (Ignore leaps years, and use a 365-day year for the notes with interest periods in days. Use a 12-month year for notes with interest periods in months.) Interest revenue earned during 2024 Note 1 Note 2 Note 3 Note 4 Data table Principal Interest Rate Interest Period During 2024 Note 1 $ 50,000 11% 9 months Note 2 Note 3 6,000 12% 45 days 20,000 10% 270 days Note 4 150,000 8% 3 months Print Done
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