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On November 1, 2018 Cheater borrows $30,000,000 atto finance the holiday sales season. The note is for a six-month term and both principal and interest

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On November 1, 2018 Cheater borrows $30,000,000 atto finance the holiday sales season. The note is for a six-month term and both principal and interest are payabi at maturity. What is the balance of interest payable for the loan as of December 31, 2018? A) $112,500 B) $225,000 C) $450,000 D) $1,350,000 Select one: D B

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