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17.) Assume that on November 1, 2021, VFC lent $100,000 to a company by creating a note that required the company to pay VFC 6
17.) Assume that on November 1, 2021, VFC lent $100,000 to a company by creating a note that required the company to pay VFC 6 percent interest and the $100,000 principal on October 31, 2022. How much interest would we record on Dec 31st, 2021?
A.) $2000
B.) $1000
C.) $500
D.) $6000
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