Multiple Choice
On October 1,2018,Allen Emig borrowed $306,000 from the West Coast Bank on a 6-month,6% note.Assuming no interest has been recorded yet,what is the amount of accrued interest as of December 31,2018?
A) $9,180
B) $4,590
C) $18,360
D) $13,770
Correct Answer:
Verified
Correct Answer:
Verified
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