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A business has a $5,000 loan from a bank at 16% annual interest. Calculate the amount of interest to accrue if the loan has been
A business has a $5,000 loan from a bank at 16% annual interest. Calculate the amount of interest to accrue if the loan has been outstanding for 90 days. Use a 360 day year. O $199.26 O $200 O $75 O $73.97
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