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Nonamiya [84]
3 years ago
15

West Company borrowed $38,000 on September 1, Year 1 from the Valley Bank. West agreed to pay interest annually at the rate of 9

% per year. The note issued by West carried an 18-month term. Based on this information the amount of interest expense appearing on West's Year 1 income statement would be:
Mathematics
1 answer:
photoshop1234 [79]3 years ago
7 0

Answer:

In this problem u have to use the equation I=PRT

Step-by-step explanation:

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