How much must noble pay south bank on may one year two, Financial Accounting

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How much must noble pay south bank on may one year two

Problem

On November 1, Year 1, Noble Company borrowed $124,000 from South Bank and signed a 6%, six-month note payable, all due at maturity. The interest on this loan is stated separately. How much must Noble pay South Bank on May 1, Year 2, when the note matures?

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Financial Accounting: How much must noble pay south bank on may one year two

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