Question: SWC Bus Charter signed a four-month note payable in the amount of $30,000 on September 1. The note requires interest at an annual rate of

SWC Bus Charter signed a four-month note payable in the amount

SWC Bus Charter signed a four-month note payable in the amount of $30,000 on September 1. The note requires interest at an annual rate of 5%. The amount of interest to be accrued at the end of September is Select one: a. $125. O b. $500. c. $1,500. d. $200

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