Accrued Interest Payable Compute the interest accrued on each of the following notes payable owed...
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Accrued Interest Payable Compute the interest accrued on each of the following notes payable owed by Northland, Inc., on December 31: Use 360 days for calculations and round the nearest dollar. Lender Date of Note Principal Interest Rate (%) Term Maple November 21 $19.000 10% 120 days Wyman December 13 15,000 996 90 days Nahn December 1917,000 12% 60 days Lender Accrued Interest Maple $ Wyman Nahn
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