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Maywood,Inc

Question 180

Multiple Choice

Maywood,Inc.signs a $17,000,8.5%,six-month note dated November 1,2017.The interest expense recorded for this note in 2017 will be ________.(Do not round any intermediate calculations,and round your final answer to the nearest dollar. )


A) $1,445
B) $241
C) $723
D) $482

Correct Answer:

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