Question: A company borrows $10,000 by signing a note payable promising to repay the principal plus interest calculated at the rate of 5% in 180

A company borrows $10,000 by signing a note payable promising to repay the principal plus interest calculated at the rate of 5% in 180 days. What is the total interest expense? Multiple Choice $246.58 $500 None of the choices are correct $10.246.58 $10.500

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