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Ivanhoe inc. borrowed $ 3 9 3 0 0 0 on april 1 . the note requires interest at 1 2 % and principal to

Ivanhoe inc. borrowed $

393000

on april

1 .

the note requires interest at

12 %

and principal to be paid in one year how much interest is recognized for the period from april

1

to december

31 ?

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