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Goel Inc. issued a 120-day (4 month) note in the amount of $540,000 on November 1, 2019 with an annual rate of 6%. What amount of interest has accrued as of December 31, 2019?

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Goel Inc. issued a 120-day (4 month) note in the amount of $540,000 on November 1, 2019 with an annu...

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