A company borrowed $10,000 by signing a 180-day promissory note at 9%. The total interest due on the maturity date is: (Use 360 days a year.)

$450

Explanation:

Calculation for the total interest due on the maturity date

Using this formula

Total interest=(Amount borrowed × Percentage of promissory note ×1/2)

Let plug in the formula

Total interest =$10,000 x 0.09x 1/2

Total interest= $450

Therefore the total interest due on the maturity date will be $450

answer; i believe that the correct answer is (d); the business benefits because owners can share responsibilities;