Question: The interest charged on a $ 5 0 , 0 0 0 , 6 0 - day note payable, at the rate of 6 %

The interest charged on a $50,000,60-day note payable, at the rate of 6%, would be
$500.
$3,000.
$1,667.
$750.
The interest charged on a $ 5 0 , 0 0 0 , 6 0 -

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