On October 1,2017,Miller,Inc

question 119

Multiple Choice

On October 1,2017,Miller,Inc.made a loan to one of its customers.The customer signed a 6-month note for $100,000 at 13%.How much interest revenue did the company record in 2018 for this note? (Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )

• A)$4,333
• B)$2,167
• C)$3,250
• D)$6,500

---

Definitions:

Obesity

A medical condition characterized by excessive body fat that presents a risk to health.

Memory

The cognitive function that allows for the encoding, storing, and retrieval of information.

Genital Arousal

The state of heightened blood flow and sensitivity in the genital regions, typically associated with sexual excitement.

REM Sleep

A phase of sleep characterized by rapid eye movements, where the most vivid dreams occur, and marked by increased brain activity, resembling that of the waking state.