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What was the rate of interest on the note

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Question - The interest charged on a $125,000, 4-month note payable, was $1,250. What was the rate of interest on the note?

Reference no: EM133134529

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What was the rate of interest on the note : Question - The interest charged on a $125,000, 4-month note payable, was $1,250. What was the rate of interest on the note
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