Question: The interest charged on a $50,000 note payable, at the rate of 4.5%, was $375. What was the term of the note? Select answer from

The interest charged on a $50,000 note payable, at the rate of 4.5%, was $375. What was the term of the note? Select answer from the options below 6 months 1 month 9 months 2 months

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