Multiple Choice
SWC Bus Charter signed a four-month note payable in the amount of $30000 on September 1. The note requires interest at an annual rate of 5%. The amount of interest to be accrued at the end of September is
A) $125.
B) $200.
C) $500.
D) $1500.
Correct Answer:
Verified
Correct Answer:
Verified
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