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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 8: Reporting and Analyzing Receivables
  5. Question
    The Total Interest Owing on a $10,000, 4%, 3-Month Note
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The Total Interest Owing on a $10,000, 4%, 3-Month Note

Question 26

Question 26

Multiple Choice

The total interest owing on a $10,000, 4%, 3-month note receivable is


A) $100.
B) $200.
C) $400.
D) $1,200.

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