Current Attempt in Progress

Ivanhoe & Co$.$ sold goods with a market price of $$165000$ on April $1.$ They accepted a note from Metlock Inc. for $$165000$ due in two

years, with interest paid each year on April $1,$ bearing $8\%$ interest. If $8\%$ interest approximates the market rate of interest for this

transaction, how much interest should be accrued at the company's December $31$ year$-$end?

$$26400$

$$9900$

$$13200$

$$6600$