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The total amount of interest that will be paid on a four-month, $6,500, 9% note payable equals: Multiple Choice $195.00. $585.00. $146.25. $292.50.

The total amount of interest that will be paid on a four-month, $6,500, 9% note payable equals:

Multiple Choice

  • $195.00.

  • $585.00.

  • $146.25.

  • $292.50.

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