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Calculate the missing amount for each of the following notes receivable. Answer is complete but not entirely correct. Fraction of the Year Face Value
Calculate the missing amount for each of the following notes receivable. Answer is complete but not entirely correct. Fraction of the Year Face Value Annual Interest Rate Interest $ 11,000 6 % 4 months $ 220 $ 30,000 5 % 1 x months $ 1,500 $ 35,000 7% 6 months $ 1,225 $ 17,500 8 % 6 months $ 700
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