Federated States of Micronesia
To reach fully insured status under Social Security, you must have participated in the system for at least 20 quarters.
Becki Jean Corporation issued a one-year, 9%, $200,000 note on April 30, 2010. Interest expense for the year ended December 31, 2010 was
Note: $18,000. Note: I'm sorry that that wasn't a good answer. Please hold on while I contact an expert. Weegy: Interest expense for the year ended December 31, 2010 was $18,000.
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10/28/2011 8:37:06 PM
.The answer is 12,000.00
The APR on a 1 yr loan is 9%
200,000 x .09= 18,000.00
Divide 18k by 12 months is 1,500.00
times 1,500.00 by 8 months (from April - Dec month end)
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