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Smith & Sons received a six month note from a customer. The note had a...

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Accounting

Smith & Sons received a six month note from a customer. The note had a face amount of $5,000 and carried an interest rate of nine percent. What is the total amount of interest to be received?

a. $225

b. $450

c. $675

d. The amount cannot be determined from the given information.

Do not copy from chegg, otherwise i have to report the answer.

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