Question: Please Help me with this two question The interest charged on a $400000 note payable, at the rate of 6%, for a year would be

The interest charged on a $400000 note payable, at the rate of 6%, for a year would be $12000. $24000. $6000. $2000. The interest charged on a $294000 note payable, at the rate of 6%, on a 90 -day note would be (Use 360 days for calculation.) $17640. $1470. $4410. $8820
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