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Conner Company borrows $186,000 cash on November 1,2013 , by signing a 120 -day, 7% note. What is the total amount of interest expense that
Conner Company borrows $186,000 cash on November 1,2013 , by signing a 120 -day, 7% note. What is the total amount of interest expense that Conner will recognize for this note? Multiple Choice $1,302. $0, no interest expense is recognized. $2,370. $13,020. $4,340
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