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A company lends $10,000 to an employee who signs a 9%, 6-month promissory note. What is the total amount of interest on this note? a.
A company lends $10,000 to an employee who signs a 9%, 6-month promissory note. What is the total amount of interest on this note?
a. $900
b. $450
c. $10,450
d. $2,700
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