On October 1,2017,Hubbard,Inc.made a loan to one of its customers.The customer signed a 6-month note for $120,000 at 15%.Calculate the total interest earned on the note.(Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )
A) $9,000
B) $4,500
C) $1,500
D) $18,000
Correct Answer:
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