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  3. 21. the interest on a $10,000, 10%, 1-year note re

21. The interest on a $10,000, 10%, 1-year note receivable is ...

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Question

Accounting

21.

The interest on a $10,000, 10%, 1-year note receivable is

A.

11,000
B.

1,000
C.

10,000
D.

10,900

22.

The interest on a $15,000, 6%, 90-day note receivable is

A.

900
B.

225
C.

675
D.

450

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