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A company borrowed $12,000 by signing a 120 day promissory note at 15%. The total interest due on the maturity date is: (Use 360 days

A company borrowed $12,000 by signing a 120 day promissory note at 15%. The total interest due on the maturity date is: (Use 360 days a year.) Multiple Choice $4000 $30000 O 500000 990000 SAB0000

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