A six-month, ($ 40,000) note specifies interest of 8 percent. The full amount of interest on this

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A six-month, $\$ 40,000$ note specifies interest of 8 percent. The full amount of interest on this note will be

a. $\$ 400$

b. $\$ 800$

c. $\$ 1,600$

d. $\$ 3,200$

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