Question: Can you explain this general accounting question using accurate calculation methods? The interest charged on a $100,000 note payable, at the rate of 8%, on

Can you explain this general accounting question using accurate calculation methods?

Can you explain this general accounting question
The interest charged on a $100,000 note payable, at the rate of 8%, on a 90-day note would be: a. $8,000. b. $4,444. c. $2,000. d. $667

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