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the bond retirement. M7-17. Analyzing and Computing Accrued Interest on Notes Compute any interest accrued for each of the following notes payable owed by Penman

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the bond retirement. M7-17. Analyzing and Computing Accrued Interest on Notes Compute any interest accrued for each of the following notes payable owed by Penman Inc. as of Decem- ber 31, 2017 (assume a 365-day year). Lender Issuance Date Principal Coupon Rate (%) Term Nissim...... 11/21/2017 $30,000 10% 120 days Klein ....... 12/13/2017 22,000 8 90 days Bildersee. ... 12/19/2017 26,000 6 60 days

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