On october 1 2018 oberley corporation loans one of its
Problem
On October 1, 2018, Oberley Corporation loans one of its employees $39,000 and accepts a 12-month, 8% note receivable.
Calculate the amount of interest revenue Oberley will recognize in 2018 and 2019.
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for example the amount invested is 240000 so the annual inflow would be the followingyear 1-100000 year 2-80000year
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