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What is the annual rate of interest being charged on a 9-month note receivable of $150,000 if the total interest is $9,000? 8 Multiple Choice

What is the annual rate of interest being charged on a 9-month note receivable of $150,000 if the total interest is $9,000? 8 Multiple Choice O 6% 125 O 0 8% O 10%

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