Multiple Choice
Lennon Company signed a 12-month,$50,000,8% note on June 1,2015.The amount of interest to be accrued on December 31,2015,is (round to nearest dollar) :
A) $333.
B) $1,667.
C) $2,333.
D) $4,000.
Correct Answer:
Verified
Correct Answer:
Verified
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