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Compute the interest accrued on each of the following notes receivable held by Northland, Inc. on December 31: (Use 360 as the denominator when calculating
Compute the interest accrued on each of the following notes receivable held by Northland, Inc. on December 31: (Use 360 as the denominator when calculating the interest amount. Round to a whole number.) Interest Accrued Maker Date of Note Principal Rate (%) Term Interest Maple 11/21 $198,000 10 120 days $ Wyman 12/13 $154,000 9 90 days $ Nahn 12/19 $231,000 8 60 days $
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