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    Accounting Principles
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    Exam 11: Current Liabilities and Payroll Accounting
  5. Question
    The Interest Charged on a $50000 Note Payable at the Rate
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The Interest Charged on a $50000 Note Payable at the Rate

Question 170

Question 170

Multiple Choice

The interest charged on a $50000 note payable at the rate of 6% on a 60-day note would be


A) $3000.
B) $1667.
C) $750.
D) $500.

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