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Michigan Bank lends Detroit Fumiture Company $70,000 on December 1. Detroit Fumiture Company signs a $70,000, 7%,4 - month note. The fotal cash paid for

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Michigan Bank lends Detroit Fumiture Company $70,000 on December 1. Detroit Fumiture Company signs a $70,000, 7%,4 - month note. The fotal cash paid for interest (only) at maturity of the note is: (Round your final answer to the nearest dollar.) A. $3,267 B. $4.900 C. $700 D. $1,633

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