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Conner Company borrows $185,600 on November 1, 2013, by signing a 120-day, 8% note

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Conner Company borrows $185,600 on November 1, 2013, by signing a 120-day, 8% note. What is the total amount of interest that Conner will recognize for this note?

A. $4,949

B. $14,848

C. $2,467

D. $0, no interest expense is recognized

E. $1485

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