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10. Laura's Book Shoppe is going to borrow $50,000 for 90 days at an annual rate of 9%. The amount of interest owing in 90

10. Laura's Book Shoppe is going to borrow $50,000 for 90 days at an annual rate of 9%. The amount of interest owing in 90 days will be: A. $4,500.00 B. $1,109.59 C. $1,225.00 D. $1,009.59

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