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17 October, 18:12

On October 1, 2019, Springfield Company made a loan to one of its customers. The customer signed a 6-month note for $130,000 at 12%. How much interest revenue did the company record in 2020 for this note? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)

A. $7,800

B. $3,900

C. $2,600

D. $5,200

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Answers (1)
  1. 17 October, 21:27
    0
    The answer is D

    Cause 2-3=5200
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