A one-year 18000 14 note is signed on april 1 if the note


Question - A one-year, $18,000, 14% note is signed on April 1. If the note is repaid on September 1 of the same year, how much interest expense is incurred?

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Accounting Basics: A one-year 18000 14 note is signed on april 1 if the note
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