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    College Accounting Study Set 1
  4. Exam
    Exam 14: Notes Receivable and Notes Payable
  5. Question
    Interest on a $5,000,15% Promissory Note for Six Months Is
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Interest on a $5,000,15% Promissory Note for Six Months Is

Question 6

Question 6

Multiple Choice

Interest on a $5,000,15% promissory note for six months is:


A) $375.
B) $37.50.
C) $3,750.
D) $3.75.

Correct Answer:

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