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The total amount of interest that will be paid on a 5-year, $90,000 note payable at 11% simple annual interest is? a.$1,980 b.$9,900 c.$49,500 d.$139,500
The total amount of interest that will be paid on a 5-year, $90,000 note payable at 11% simple annual interest is?
a.$1,980
b.$9,900
c.$49,500
d.$139,500
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