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Question 9 (1 point) Douglas Company has a $60,000 note that carries an annual interest rate of 10%, if the amount of the total interest
Question 9 (1 point) Douglas Company has a $60,000 note that carries an annual interest rate of 10%, if the amount of the total interest on the note is equal to $4,500, then what is the duration of the note in months? 1) 6 months 2) 4 months O 3) 12 months 4) 9 months
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