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Calculate the accrued interest liability for the following note payable owed by Bandys, Inc. as of December 31, 2021: Lender Date of Note Principal Annual

Calculate the accrued interest liability for the following note payable owed by Bandy’s, Inc. as of December 31, 2021:

LenderDate of NotePrincipalAnnual Interest RateTerm
Centric Bank11/01/21$100,0003.0%3 months

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