Open-end leases are leases in which you return the vehicle at the end of the lease and you have no further responsibilities

On October 1, 2017, Hubbard, Inc. made a loan to one of its customers. The customer signed a 9-month note for $140,000 at 14%. Calculate the total interest earned on the note. (Round your answer to the nearest dollar.)

A) $14,700 B) $4,899 C) $1,633 D) $19,600

Which of the following is true of private money?

A. It can only be used for making payments between private parties who agree in advance to its use. B. It cannot consist of any other sort of transferable material but official money. C. It can be used to pay public debts. D. It is an example of reserve currency.