A company lends its CEO $150,000 for 3 years at a 6% annual interest rate. Interest payments are to be made twice a year. Each interest payment will be for: A. 9,000 B. 4,500 C.27,000 D. 13,500
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A company lends its CEO $150,000 for 3 years at a 6% annual interest rate. Interest payments are to be made twice a year. Each interest payment will be for:
A. 9,000
B. 4,500
C.27,000
D. 13,500
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