Question: A 12-month, 8% note dated August 1, 2016 for $5,000 would have accrued interest payable on December 31, 2016 of $166.67. True or False

A 12-month, 8% note dated August 1, 2016 for $5,000 would have accrued interest payable on December 31, 2016 of $166.67. True or False

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