The Interest Charged on a $90,000 Note Payable, at the Rate

question 131

Multiple Choice

The interest charged on a $90,000 note payable, at the rate of 6%, on a 90-day note would be

• A)$5,400.
• B)$2,700.
• C)$1,350.
• D)$900.

---

Definitions:

Preventive Care

Screening tests and drugs to prevent disease.

Ambulatory Care

Medical services provided on an outpatient basis, including diagnosis, observation, consultation, treatment, intervention, and rehabilitation services.

Aging Population

Refers to a demographic trend where the median age of a population increases over time due to increasing life expectancy and/or declining birth rates.

Pathologist's Assistant

A trained healthcare professional who assists pathologists in preparing and examining bodies or tissues for disease diagnosis.