Pure Mathematics 10 – Unit Five – Relations and Functions

Interest on the note is payable on the first day of each month beginning July 1, 2010. Gant made timely payments through November 1, 2010. On January 2, 2011, Yang received payment of the first principal installment plus all interest due. At December 31, 2010, Yang's interest receivable on the loan to Gant should be. a. $0. b. $3,000. c. $6,000. ................
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