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9) NWA Air Charter signed a 4-month note payable in the amount of $20,000 on September 1. The note requires interest at an annual rate
9) NWA Air Charter signed a 4-month note payable in the amount of $20,000 on September 1. The note requires interest at an annual rate of 9%. The amount of interest to be accrued at the end of September is a. $150. b. $200. c. $600. d. $1,800.
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