Jade Signs a $6,500, 8

question 104

Multiple Choice

Jade signs a $6,500, 8.5%, six-month note dated November 1, 2013. The interest expense recorded for this note in 2013 will be:

• A)$133.
• B)$92.
• C)$276.
• D)$184.

---

Definitions:

Aquatic Decomposition

The breakdown of organic matter in water environments by microorganisms and enzymes.

Chytrids

Fungi with flagellated spores.

Saccharomyces Cerevisiae

A species of yeast commonly used in baking and brewing due to its ability to ferment sugars.

Baker's Yeast

A single-celled fungus used in baking and fermenting alcoholic beverages, known for its ability to convert sugars into carbon dioxide and alcohol.