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On September 30, 2018, Synergy Bank loaned $800,000 to George Construction, Inc., on a one-year, 6 percent note. Read the requirements. Requirement 1. Compute the

On September 30, 2018, Synergy Bank loaned $800,000 to George Construction, Inc., on a one-year, 6 percent note. Read the requirements. Requirement 1. Compute the interest on the note for the years ended December 31, 2018, and December 31 2019. Round interest calculations to the nearest dollar. Start by determining the formula needed to compute interest. Amount of interest mber 30, 2018, Syne eshirements Requirements Requirements ent 1. Compute the i ermining the formul 1. Compute the interest on the note for the years ended December 31, 2018, and December 31 2019. Round interest calculations to the nearest dollar. 2. Which party has a. a note receivable? b. a note payable? c. interest revenue? d. interest expense? 3. How much in total would George Construction, Inc., pay the bank if it pays off the note early on April 30, 2019? Print Done - X culations to the neare

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