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On November 1, Year 1, Noble Company borrowed $92,000 from South Bank and signed a 6%, six-month note payable, all due at maturity. The interest

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On November 1, Year 1, Noble Company borrowed $92,000 from South Bank and signed a 6%, six-month note payable, all due at maturity. The interest on this loan is stated separately, At December 31, Year 1, Noble Company's overall liability for this loan amounts to: Multiple Choice $92,000 $92.920 $93,840 $94,760

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