Question: 5 Need Help ASAP Question 5 The interest charged on a $50,000 note payable, at the rate of 8%, on a 3-month note would be

5 Need Help ASAP

Question 5

The interest charged on a $50,000 note payable, at the rate of 8%, on a 3-month note would be

$4,000.

$2,000.

$1,000.

$667.

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