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Al Reem Co. signed an $18,000 six-month note payable on September 1 that bears interest at a rate of 5%. How much is the total

Al Reem Co. signed an $18,000 six-month note payable on September 1 that bears interest at a rate of 5%. How much is the total interest to be accrued on this note at December 31?

a. $900.

b. $450.

c. $300.

d. $75.

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