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A company borrowed $30,000 by signing a 120-day promissory note at 8%. The total interest due on the maturity date is. (Use 360 days a

A company borrowed $30,000 by signing a 120-day promissory note at 8%. The total interest due on the maturity date is. (Use 360 days a year.) $100.00 $400.00 $800.00 $1,200.00 $2,400.00

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