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
A .($140,000 x 14%) x 9/12 = $14,700
Business
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