Question: Burrows, Inc. issued 2 notes payable for $ 1 0 , 0 0 0 each on November 3 0 . One is a 3 -

Burrows, Inc. issued 2 notes payable for $10,000 each on November 30. One is a 3-month, 6%, note and the other is a 6-month, 6% notes. The amount of interest owed at December 31 will be Blank______.
Multiple choice question.
the same amount for both notes
greater for the 3-month note
greater for the 6-month note

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