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    Financial Accounting Study Set 5
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    Exam 8: Cash and Receivables
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    The Interest on a Three-Month,12 Percent,$16,600 Note Receivable Is
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The Interest on a Three-Month,12 Percent,$16,600 Note Receivable Is

Question 112

Question 112

Multiple Choice

The interest on a three-month,12 percent,$16,600 note receivable is


A) $498.
B) $166.
C) $332.
D) $1,992.

Correct Answer:

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