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Computing Accrued Interest Compute the interest accrued on each of the following notes receivable held by Northland, Inc., on December 31: (Use 360 days for
Computing Accrued Interest Compute the interest accrued on each of the following notes receivable held by Northland, Inc., on December 31: (Use 360 days for interest calculation. Round to the nearest dollar.) Maker Date of Note Principal Interest Rate Term Delta November 21 $90,000 5% 120 days Echo December 13 114,000 6% 90 days Foxtrot December 19 99,000 7% 60 days
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