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UUUUUUU PL ULO 2 LA S5-9 (similar to) Assigned Media Question Help 1. Compute the amount of interest during 2018, 2019, and 2020 for the

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UUUUUUU PL ULO 2 LA S5-9 (similar to) Assigned Media Question Help 1. Compute the amount of interest during 2018, 2019, and 2020 for the following note receivable: On May 31, 2018, Texas State Bank loaned $200,000 to Carl Abbott on a two-year, 10% note. 2. Which party has a(n): (a) note receivable? (b) note payable? (c) interest revenue? (d) interest expense? 3. How much in total would Texas State Bank collectif Carl Abbott paid off the note early on November 30, 2018? 1. Compute the amount of interest during 2018, 2019, and 2020 for the following note receivable: On May 31, 2018. Texas State Bank loaned $200,000 to Carl Abbott on a two year, 10% note. (Round the interest amounts to the nearest whole dollar.) Year Amount of interest 2018 2019 2020

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