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Brief Exercise 5-15 Calculate amounts related to interest (LO5-7) Calculate the missing amount for each of the following notes receivable. Answer is complete but
Brief Exercise 5-15 Calculate amounts related to interest (LO5-7) Calculate the missing amount for each of the following notes receivable. Answer is complete but not entirely correct. $ Face Value 9,300 Annual Interest Rate Fraction of the Year Interest 5 % 4 months $ 155 13,000 6 % 3 x months $ 260 18,000 7 % 6 months $ 630 $ 10,600 10 % 6 months $ 530
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