Multiple Choice
NWA Air Charter signed a four-month note payable in the amount of $20,000 on September 1. The note requires interest at an annual rate of 9%. The amount of interest to be accrued at the end of September is
A) $150.
B) $200.
C) $600.
D) $1,800.
Correct Answer:
Verified
Correct Answer:
Verified
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