Equity Bank lends Calgary Furniture Company $100,000 on December 1 on a 6%, 4-month note. The total cash paid for interest (only) at maturity of the note is (Round your final answer to the nearest dollar.): O O O $2,000 $6,000 $500 $1,000

Equity Bank lends Calgary Furniture Company $100,000 on December 1 on a 6%,4-month note. The total cash paid for interest (only) at maturity of the note is (Round your final answer to the nearest dollar.): Equity Bank lends Calgary Furniture Company $100,000 on December 1 on a 6%,4-month note. The total cash paid for interest (only) at maturity of the note is (Round your final answer to the nearest dollar.)