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On November 1, 2018, VFC lent $100,000 to a company by creating a note that required the company to pay VFC 6 percent annual interest
On November 1, 2018, VFC lent $100,000 to a company by creating a note that required the company to pay VFC 6 percent annual interest and the $100,000 principal on October 31, 2020. What is the amount of interest revenue VFC should report at the end of December, 2018? O 6,000 O 1,000 12,000 500 On November 1, 2018, VFC lent $100,000 to a company by creating a note that required the company to pay VFC 6 percent annual interest and the $100,000 principal on October 31, 2020. Which of the following statements is NO true? OVFC has earned $5,000 of interest from Jan.1, 2019-Oct. 31, 2019 VFC has earned $1,000 of interest from Nov.1, 2018-Dec.31, 2018 O VFC has earned $6,500 of interest from Nov.1, 2019-Dec.31, 2019 O VFC has earned $6,000 of interest from Jan.1, 2019-Dec.31, 2019
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