Multiple Choice
Chang, Inc. issued a 120-day note in the amount of $360,000 on 12/16/17 with an annual rate of 5%. What amount of interest has accrued as of 12/31/17?
A) $ 750.00
B) $ 725.81
C) $ 739.73
D) $6,000.00
E) $5,917.81
Correct Answer:
Verified
Correct Answer:
Verified
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