Question: The interest charged on a $150,000 note payable, at the rate of 5%, on a 10-month note would be * $6,250 C O $2,500 O

 The interest charged on a $150,000 note payable, at the rate

The interest charged on a $150,000 note payable, at the rate of 5%, on a 10-month note would be * $6,250 C O $2,500 O $1,000 O $7,500

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