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Use the following information for questions #4-6. On May 31, 2018, Richmond Bank loaned $260,000 to Alan Maine on a two-year, 7% note. the interest
Use the following information for questions \#4-6. On May 31, 2018, Richmond Bank loaned $260,000 to Alan Maine on a two-year, 7% note. the interest amounts to the nearest whole dollar) Question 4 What amount of interest will Richmond Bank record during 2018 ? (Round the interest amoun the nearest whole dollar) Question 5 What amount of interest will Richmond Bank record during 2019? (Round the interest amoun the nearest whole dollar) What amount of interest will Richmond Bank record during 2020? (Round the interest amounts the nearest whole dollar)
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