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A company receives a 5%, 90-day note for $3,000. The total interest due on the maturity date is: (Use 360 days a year.) Multiple

A company receives a 5%, 90 day note for $3,000. The total interest due on the maturity date is: (Use 360 days a year)Multip

A company receives a 5%, 90-day note for $3,000. The total interest due on the maturity date is: (Use 360 days a year.) Multiple Choice $150.00. $87.50 $75.00. $50.00. $37.50.

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