alexarodriguez5114 alexarodriguez5114

22-05-2023
Mathematics

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Brothers Inc. issued a 120-day note in the amount of $180,000 on November 1, 2019 with an annual rate of 6%.
What amount of interest has accrued as of December 31, 2019?
A) $3,000
B) $2,250
C) $1,800
D) Zero. The interest is accrued at the end of the 120 day period.

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