Cannus Company Signed a $6,000 Ninety Day Note Payable on November

question 3

Multiple Choice

Cannus Company signed a $6,000 ninety day note payable on November 1 that bears interest at a rate of 7%. The total interest to be accrued on this note at December 31 is:

• A) $35.
• B) $70
• C) $420.
• D) $105.

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Definitions:

Regio-

A prefix indicating the region or position in a molecule where a certain chemical reaction takes place or where certain substituents are located.

Stereochemical Detail

Information regarding the spatial arrangement of atoms within a molecule, affecting its chemical behavior.

Peroxide Initiator

A compound that decomposes to form free radicals, initiating polymerization reactions.

Propylene

A flammable gas that is a colorless hydrocarbon used as a fuel and a petrochemical feedstock.