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Rosewood, Inc. recently signed a $350,000, six-month note on August 22, 2017. The interest rate is 7%. How much interest will be due at maturity?

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Rosewood, Inc. recently signed a $350,000, six-month note on August 22, 2017. The interest rate is 7%. How much interest will be due at maturity? $24,500 $10,208 $8,167 $12,250

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