Multiple Choice
On November 1, Fisher and Sons Music Center loaned a customer $17,000 at a 2% annual interest rate for six months. What is the interest receivable on the note at December 31? (Do not round intermediary calculations. Only round your final answer to the nearest dollar.)
A) $28
B) $57
C) $113
D) $340
Correct Answer:
Verified
Correct Answer:
Verified
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