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Business, 10.10.2019 16:30 phancharamachasm

Carolina supply accepted an eight-month, $16,000 note receivable, with 8% interest, from reading company on august 1st of the current year. carolina supply’s year-end is december 31. what is the amount of interest to be accrued on december 31st of the current year (to the nearest dollar)?

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Carolina supply accepted an eight-month, $16,000 note receivable, with 8% interest, from reading com...
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