Question: f the interest rate on a note is 10% and the principal was $30,000, what is the interest expense for the 4 month note? (Round

f the interest rate on a note is 10% and the principal was $30,000, what is the interest expense for the 4 month note? (Round your final answer to the nearest dollar.) Question content area bottom Part 1 A. $1,500 B. $3,000 C. $3,300 D. $1,000

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