Question: Amigo Inc. issued a 4 - month note in the amount of $ 5 0 0 , 0 0 0 on October 1 , 2

Amigo Inc. issued a 4-month note in the amount of $500,000 on October 1,2021 with an annual rate of 5%. What amount of interest has accrued as of December 31,2021?1) $25,0002) $2,0833) $8,3334) $6,250

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