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Analyzing and Computing Accrued Interest on Notes Compute any interest accrued for each of the following notes payable owed by Penman, Inc., as of December
Analyzing and Computing Accrued Interest on Notes Compute any interest accrued for each of the following notes payable owed by Penman, Inc., as of December 31, 2015 (use a 365-day year): Lender Nissim Issuance Date Principal Interest Rate (%) 11/21/2015 $22,000 10% 12/13/2015 18,000 9% 12/19/2015 20,000 12% Term 120 days 90 days 60 days Klein Bildersee Round your answer to two decimal places. Nissim $ Klein $ Bildersee $ Check
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