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On October 1, 2025, Jewelry Specialists, Inc. made a loan to one of its customers. The customer signed a 9-month note for $100,000 at
On October 1, 2025, Jewelry Specialists, Inc. made a loan to one of its customers. The customer signed a 9-month note for $100,000 at 11%. Calculate the total interest earned on the note. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) OA. $917 B. $2,751 OC. $8,250 OD. $11,000
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
9th edition
9781118803035, 1118582551, 1118803035, 978-1118582558
