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On December 11, 2021, The Lucky Charms Co. borrowed $ 42,000 and signed a 60-day, 5.5% note payable. Required: 1. Calculate the total interest expense

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On December 11, 2021, The Lucky Charms Co. borrowed $ 42,000 and signed a 60-day, 5.5% note payable. Required: 1. Calculate the total interest expense of the note payable. Note: Ensure that you type two decimal places in the answer box (ex: 100.50). Do not type or use any symbols ($ or.)

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