On December 1,2014,how much interest is accrued on this loan?

A) $2,933
B) $3,200
C) $6,933
D) $18,933

Stamping Machine

A mechanical or hydraulic machine utilized in manufacturing to shape or cut metal by deforming it with a die.

Debt Restructuring

The process of negotiating new terms for existing debts to provide relief to the borrower, including changes in interest rates, payment schedules, or the amount owed.

Accrued Interest

Interest that has been incurred but not yet paid.