Calculating Interest on Promissory Notes Receivable Dallas Company receives a six-month note from a customer. The note has a face amount of $8,000 and an interest rate of nine percent. What is the...


Calculating Interest on Promissory Notes Receivable<br>Dallas Company receives a six-month note from a customer. The note has a<br>face amount of $8,000 and an interest rate of nine percent.<br>What is the total amount of interest income to be received?<br>O$720<br>$540<br>$360<br>$180<br>

Extracted text: Calculating Interest on Promissory Notes Receivable Dallas Company receives a six-month note from a customer. The note has a face amount of $8,000 and an interest rate of nine percent. What is the total amount of interest income to be received? O$720 $540 $360 $180

Jun 01, 2022
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