A $20,000,3-Month,8% Note Payable Was Issued on November 1,2015

question 130

Multiple Choice

A $20,000,3-month,8% note payable was issued on November 1,2015.What is the amount of accrued interest on December 31,2015?

• A) $200
• B) $267
• C) $133
• D) $800

---

Definitions:

Beata Beatrix

A painting by Dante Gabriel Rossetti, depicting Beatrice Portinari from Dante Alighieri's poem "La Vita Nuova" at the moment of her death, symbolized by a dove.

Poppy

A flowering plant often recognized for its colorful blooms and the production of opium and other narcotics from some species.

The Gross Clinic

A renowned painting by Thomas Eakins that showcases Dr. Samuel D. Gross, a 19th-century surgeon, conducting a surgical operation; it highlights the importance of medical education.

Anatomy Lesson

Traditionally refers to the teaching or demonstration of human anatomy, often through the dissection of bodies, crucial in medical education and the understanding of the human body.