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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 $18,000 10 120 days $ 59 X Wyman 12/13 $14,000 9 90 days $ 63 Nahn 12/19 $21,000 8 60 days 5 25 x
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