Question: Arrine Accessorles obtains a $ 1 0 0 , 0 0 0 , three year loan, at 6 % interest, with monthly payments of $

Arrine Accessorles obtains a $100,000, three year loan, at 6% interest, with monthly payments of $3,042. What amount would be recorded for interest expense for the first full month?
Multiple Choice
$6,000.
$2,542.
$500.
$3,042.
Arrine Accessorles obtains a $ 1 0 0 , 0 0 0 ,

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