Business, 04.06.2020 15:02 bhuminaik532

Sodium Inc. borrowed $175,000 on April 1. The note requires interest at 12% and principal to be paid in one year. How much interest is recognized for the period from April 1 to December 31?

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Sodium Inc. borrowed $175,000 on April 1. The note requires interest at 12% and principal to be paid...