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Bank of Costa Mesa agrees to lend the OCC Company $600,000 on January 1st. OCC Company signs a $600,000, 6%, 8-month note. What is the

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Bank of Costa Mesa agrees to lend the OCC Company $600,000 on January 1st. OCC Company signs a $600,000, 6%, 8-month note. What is the total amount of cash Bank of Costa Mesa will receive from OCC Company after 8 months? $600,000 $24,000 $624,000 $636,000 $36,000

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