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Use the Present Value and Future Value Tables Included in Appendix

Question 77

Multiple Choice

Use the present value and future value tables included in Appendix 8 and on the textbook companion website.
-A 4-month, $6,500 note payable at 9 percent incurs interest (rounded to nearest dollar) of


A) $195
B) $146
C) $292
D) $585

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