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could you please solve tis with steps On March 1, 2014, Archer Inc, lent $37,000 to Ron Wood on a 1-year 3% promissory note. The

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could you please solve tis with steps

On March 1, 2014, Archer Inc, lent $37,000 to Ron Wood on a 1-year 3% promissory note. The amount of m be accrued on December 31 will be: $1, 110,00. $925,00. C) $37,000.00 D) $740.00

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