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is this correct? Analyzing and Computing Accrued Interest on Notes Compute any interest accrued for each of the following notes payable owed by Penman, Inc.,
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Analyzing and Computing Accrued Interest on Notes Compute any interest accrued for each of the following notes payable owed by Penman, Inc., as of December 31, 2015 (use a 365-day year): Lender Issuance Date Principal Interest Rate (%) Nissim 11/21/2015 $26,000 10% Klein 12/13/2015 22,000 9% Bildersee 12/19/2015 24,000 12% Term 120 days 90 days 60 days Round your answer to two decimal places. Nissim $ 284.93 Klein $ Bildersee $ 97.64 94.69
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