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Business, 16.04.2020 21:03 DaiDai8328

Rosewood Company made a loan of $16,000 to one of the company's employees on April 1, Year 1. The one-year note carried a 6% rate of interest. What is the amount of interest revenue that Rosewood would report in Year 1?

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Rosewood Company made a loan of $16,000 to one of the company's employees on April 1, Year 1. The on...
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