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answer 23-30 Use the following to answer questions 23 - 25 The company invested $500,000 on May 1, 20XA at 6% simple interest for 2
answer 23-30 
Use the following to answer questions 23 - 25 The company invested $500,000 on May 1, 20XA at 6% simple interest for 2 years (24 months). 23. $ Determine interest revenue for 20XA 24. $ 20XB _Determine interest revenue for 25. $ 20XC _Determine interest revenue for Use the following to answer questions 26 - 27 The company invested $100,000 on October 1, 20XA at 3.6% simple interest for 0.75 years (9 months). 26. S Determine interest revenue for 20XA 27. $ Determine interest revenue for 20XB Use the following to answer questions 28 - 30 The company lent $100,000 on November 1, 20XA at 2.85% simple interest for 15 months. 28. $ Determine interest revenue for 20XA 29. $ 20XB _Determine interest revenue for 30. $ 20XC _Determine interest revenue for > Chapter 5 Page 5-1
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Auditing The Art and Science of Assurance Engagements
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Ingrid B. Splettstoesser
12th Canadian edition
978-0133098235
