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Business, 15.08.2020 23:01 crystalrc3414

Herrindale Mart borrows $420,000 on July 1 with a short-term loan that has an annual interest rate of 5% which is payable on the first day of each subsequent quarter. What will Herrindale Mart need to accrue on August 31, assuming that no accrual has yet been made

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Herrindale Mart borrows $420,000 on July 1 with a short-term loan that has an annual interest rate o...
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