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A company issues a 6 0 - day, 1 4 % note for $ 1 8 , 0 0 0 . What is the principal

A company issues a

60 -

day,

14 %

note for $

18, 000 .

What is the principal amount of the note?

(

Round your answer to the nearest dollar.

)

.

20, 520

.

18, 000

.

17, 580

.

18, 420

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