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  3. on december 11, 2021, courtney borrowed $42,000 an

On December 11, 2021, Courtney borrowed $42,000 and signed a 60-day, 5.5% note payable. ...

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Accounting

On December 11, 2021, Courtney borrowed $42,000 and signed a 60-day, 5.5% note payable.

Question: calculate the total interest expense of the note payable (use two decimal places)

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