On October 1,2017,Hubbard,Inc

question 116

Multiple Choice

On October 1,2017,Hubbard,Inc.made a loan to one of its customers.The customer signed a 6-month note for $120,000 at 15%.Calculate the total interest earned on the note.(Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )

• A)$9,000
• B)$4,500
• C)$1,500
• D)$18,000

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Definitions:

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A term often used to describe Americans of European origin or descent, though its accuracy and appropriateness are debated.

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A disorder involving the gaining of sexual pleasure from observing unsuspecting individuals who are naked, in the process of disrobing, or engaging in sexual activity.

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