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For each of the following notes receivable, compute the amount of interest revenue earned during 2018. Use a 360-day year, and round to the nearest
For each of the following notes receivable, compute the amount of interest revenue earned during 2018. Use a 360-day year, and round to the nearest dollar. (Click the icon to view the notes.) Enter the amount of interest revenue earned during 2018 for each note. Use a 360-day year. (Round your final answers to the nearest whole dollar.) Note 1 Note 2 Data Table Note 3 Note 4 Interest Period During 2018 Principal Interest Rate Note 1 $ 30,000 10% 5 months Note 2 47,000 7% 30 days Note 3 15,000 11% 90 days Note 4 87,000 6% 10 months Print Done
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