Concord Inc. borrowed $ 65,400 on November 1, 2020, by signing a $66,839, three-month, zero-interest-bearing note. (The tables in this problem are to be used as a reference for this problem.) Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. Calculate the effective interest charged on the note. (Round answer to 1 decimal places, e.g. 5.2%.) The effective interest % Prepare Concord's November 1, 2020 entry; the December 31, 2020 annual adjusting entry; and the February 1, 2021 entry. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to 0 decimal places, eg. 5,275.) Date Account Titles and Explanation Debit Credit (To accrue interest expense)