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Required: Complete the following table by computing the missing amounts for the following independent cases. (Do not round intermediate calculations. Round Annual Interest Rate to
Required: Complete the following table by computing the missing amounts for the following independent cases. (Do not round intermediate calculations. Round "Annual Interest Rate" to 1 decimal place.) Principal Amount Annual Interest on Notes Rate Receivable Time Period Interest Earned a. $ 140,000 58,000 11.6 % % b. $ 6 months 9 months 12 months $ 4,872 5,184 C. 10.8 % $
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