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Assume that Palestine Bank agrees to lend $180,000 on October 1, 2019, to X Company. If X signs a $180,000, annual interest is a 9

Assume that Palestine Bank agrees to lend $180,000 on October 1, 2019, to X Company. If X signs a $180,000, annual interest is a 9 percent, seven-month note. The interest expense charged to 2019 is a. 3000 b. 4050 c. 9450 d. 5400

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