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Answers are NOT 270 and 500 For each of the notes receivable, compute the amount of interest revenue earned during 2018. Round to the nearest

image text in transcribedimage text in transcribedAnswers are NOT 270 and 500

For each of the notes receivable, compute the amount of interest revenue earned during 2018. Round to the nearest dollar. (Use a 365-day year for the nterest periods in days and a 12-month year for notes with interest periods in months.) $ 1,225 Data Table Note 1 Note 2 Note 3 Principal Interest Rate Interest Period During 2018 11,250 ote 4 70,000 Note 1 7% 3 months 45 days Note 2 18,000 12% Note 3 20,000 5% 180 days Note 4 150,000 10% 9 months Print Done A table of notes receivable for 2018 follows: (Click the icon to view the table notes renceievable for 2018.) For each of the notes receivable, compute the amount of interest revenue earned during 2018. Round to the nearest dollar. (Use a 365-day year for the notes with interest periods days and a 12-month year for notes with interest periods in months.) 1,225 Note 1 Note 2 Note 3 $11,250 Note 4

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