Required: Complete the following table by computing the missing amounts for the following independent cases. (Do not round intermediate calculations. Round "Annual Interest Rate" to 1 decimal place.) a. b. C. Principal Amount on Notes Receivable $ $ 145,000 59,000 Annual Interest Rate 11.8% % 10.9 % Time Period 6 months 9 months 12 months Interest Earned $ 5,133 $ 5,341

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Required:
Complete the following table by computing the missing amounts for the following independent cases. (Do not round intermediate
calculations. Round "Annual Interest Rate" to 1 decimal place.)
a.
b.
C.
Principal Amount
on Notes
Receivable
$
$
145,000
59,000
Annual Interest
Rate
11.8%
%
10.9 %
Time Period
6 months
9 months
12 months
Interest
Earned
$ 5,133
$ 5,341
Transcribed Image Text:Required: Complete the following table by computing the missing amounts for the following independent cases. (Do not round intermediate calculations. Round "Annual Interest Rate" to 1 decimal place.) a. b. C. Principal Amount on Notes Receivable $ $ 145,000 59,000 Annual Interest Rate 11.8% % 10.9 % Time Period 6 months 9 months 12 months Interest Earned $ 5,133 $ 5,341
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