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What amount would represent december interest expense

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Question - Oriole Company issued a $282000, 6%, 20-year note payable on January 1, 2021 with repayment terms of equal monthly instalments plus interest at the beginning of every month with the first payment due on February 1, 2021. What amount would represent the December 31, 2021 year end accrued interest expense rounded to the nearest dollar?

a. $1345

b. $16920

c. $1175

d. $1880

Reference no: EM133006205

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