On February 1,2012,a company loans one of its employees $20,000 and accepts a nine-month,8% note receivable.Calculate the amount of interest revenue the company will recognize in 2012.

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The Answer of On February 1,2012,a company loans one of its employees $20,000 and accepts a nine-month,8% note receivable.Calculate the amount of interest revenue the company will recognize in 2012.

On February 1,2012,a Company Loans One of Its Employees $20,000