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21 July, 02:18

Choose the correct answer. Your business signs a ninety-day promissory note for $5,000 at 5% monthly interest. How much interest will you have to pay on a collect basis?

a 250.00

b 750.00

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Answers (1)
  1. 21 July, 02:25
    0
    The answer is B. 750.00
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