Olympic Equipment.borrowed $100,000 on November 1.The note matures in one year and the interest rate is 9%.What amount of interest expense will be accrued on December 31?
A)$4,500
B)$750
C)$1,500
D)$9,000

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The Answer of Olympic Equipment.borrowed $100,000 on November 1.The note matures in one year and the interest rate is 9%.What amount of interest expense will be accrued on December 31?
A)$4,500
B)$750
C)$1,500
D)$9,000