Question: QUESTION 36 Lotus Corp signed a 61 month note payable in the amount of $63,000 on November 1. The note requires interest at an annual

QUESTION 36 Lotus Corp signed a 61 month note payable in the amount of $63,000 on November 1. The note requires interest at an annual rate of 5%. Calculate the amount of interest to be accrued at the end of December. (Please round answer to the nearest dollar, i.e. Click Save All Answers to save all answers. Save All Answers 2 points Save Answer Close Window Save and Submit

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