Ask Question
12 August, 20:57

On October 1, 2019, Springfield Company made a loan to one of its customers. The customer signed a 6-month note for $130,000 at 12%. How much interest revenue did the company record in 2020 for this note? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)

A. $7,800

B. $3,900

C. $2,600

D. $5,200

+5
Answers (1)
  1. 12 August, 21:06
    0
    The answer is D

    Cause 2-3=5200
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “On October 1, 2019, Springfield Company made a loan to one of its customers. The customer signed a 6-month note for $130,000 at 12%. How ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers