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The interest receivable on a note is 1,200 at the end of the 90 days,...

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Accounting

The interest receivable on a note is 1,200 at the end of the 90 days, the interest rate is 6% p.a. and the note is for 60 days. What is the principal of the note receivable, if you use a 360 day year as a basis for your interest calculation?

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