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QUESTION 1 1 On October 1 , 2 0 2 3 , Fashion Jewelers accepted a 4 - month, 1 2 % note for $

QUESTION 11
On October 1,2023, Fashion Jewelers accepted a 4-month, 12% note for $7500 in settlement of an overdue account receivable. The accounting period ends on December 31. The accrued interest on the note at December 31,2023 is (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
$900
$450
$300
$225
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