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    Exam 7: Accounting and the Time Value of Money
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    Simple Interest on a $25,000,8%,18-Month Note Is ________
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Simple Interest on a $25,000,8%,18-Month Note Is ________

Question 73

Question 73

Multiple Choice

Simple interest on a $25,000,8%,18-month note is ________.


A) $1,200
B) $2,000
C) $2,500
D) $3,000

Correct Answer:

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