Question: 2. Roth, Inc. received from a customer a one year, $500,000 note bearing annual interest of 8%. After holding the note for si months, Roth

2. Roth, Inc. received from a customer a one year, $500,000 note bearing annual interest of 8%. After holding the note for si months, Roth discounted the note at Regional Bank at an effective interest rate of 10%. What amount of cash did Roth receive from the bank? A. $495,238 B. $513,000 C. $523,810 D. $540,000x

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