Calculate the accrued interest on the note

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Reference no: EM131202368

On October? 1, 2017, Ealys Jewelers accepted a 5−?month, 11?% note for $6,500 in settlement of an overdue account receivable. The accounting period ends on December 31. Calculate the accrued interest on the note at December? 31, 2017.? (Round any intermediate calculations to two decimal? places, and your final answer to the nearest? dollar.)

Reference no: EM131202368

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Calculate the accrued interest on the note : On October? 1, 2017, Ealys Jewelers accepted a 5−?month, 11?% note for $6,500 in settlement of an overdue account receivable. The accounting period ends on December 31. Calculate the accrued interest on the note at December? 31, 2017.?

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