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Question 5 (1 point) Shelby Company has a note receivable of $100,000. It is a 10-month note receivable. The interest rate on the note is
Question 5 (1 point) Shelby Company has a note receivable of $100,000. It is a 10-month note receivable. The interest rate on the note is 5%, what is the amount of interest revenue that Shelby will collect at the maturity of the note? a) $5,000 b) $4,167 c) $833 d) none of the above
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