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    Accounting Principles
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    Exam 11: Current Liabilities and Payroll Accounting
  5. Question
    The Interest Charged on a $100000 Note Payable at the Rate
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The Interest Charged on a $100000 Note Payable at the Rate

Question 124

Question 124

Multiple Choice

The interest charged on a $100000 note payable at the rate of 6% on a 2-month note would be


A) $6000.
B) $3000.
C) $1500.
D) $1000.

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