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Leopard Corporation borrowed SR 80,000 on October 1, 2017, by signing a SR 80,000, 9%, 3 months note. Requirement: Calculate the amount of interest payable

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Leopard Corporation borrowed SR 80,000 on October 1, 2017, by signing a SR 80,000, 9%, 3 months note. Requirement: Calculate the amount of interest payable as at 31/12/2017

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