Question: The interest charged on a $392000 note payable, at the rate of 9%, on a 80 -day note would be a)$35280 b)$2940 c)$19600 d)$7840

The interest charged on a $392000 note payable, at the rate of 9%, on a 80 -day note would be

a)$35280

b)$2940

c)$19600

d)$7840

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