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A business issued a $5,000, 60-day, 12% note to the bank. The amount due at maturity is: a) $4,900 b) $5,000 c) $5,100 d) $5,600

A business issued a $5,000, 60-day, 12% note to the bank. The amount due at maturity is:

a) $4,900

b) $5,000

c) $5,100

d) $5,600

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