rosewood company made a loan of $10,200 to one of the company's employees on april 1, year 1. the one-year note carried a 6% rate of interest. the amount of interest revenue that rosewood would report during the years ending december 31, year 1 and year 2, respectively, would be:

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Andrealoverad8633idn Andrealoverad8633idn

02-11-2022
Business

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rosewood company made a loan of $10,200 to one of the company's employees on april 1, year 1. the one-year note carried a 6% rate of interest. the amount of interest revenue that rosewood would report during the years ending december 31, year 1 and year 2, respectively, would be:

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