Solve the problem. Round to the nearest hundredth of a percent.Burt's Construction wants to borrow $150,000 for 6 months. How much less interest is paid with a 11% simple interest note compared to a 11% simple discount note?
A. $843.75
B. $784.88
C. $8250.00
D. $480.16
Answer: D
Mathematics
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D.
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