Multiple Choice
On October 1,2017,Android,Inc.made a loan to one of its customers.The customer signed a 4-month note for $110,000 at 12%.How much interest revenue did the company record in the year 2017? (Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )
A) $1,320
B) $1,100
C) $4,400
D) $3,300
Correct Answer:
Verified
Correct Answer:
Verified
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