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The interest charged by the bank, at the rate of 9%, on a 90-day, discounted note payable for $100,000 is (Points: 2) $9,000 $2,250 $750

The interest charged by the bank, at the rate of 9%, on a 90-day, discounted note payable for $100,000 is (Points: 2) $9,000 $2,250 $750 $1,000 3. When a $40,000, 90-day, 9% interest-bearing note payable matures, total payment will amount to: (Points: 2) $40,900 $43,600 $900 $3,600

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