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Anderson Co . issued a $ 4 4 , 5 1 3 , 6 0 - day, discounted note to National Bank. The discount rate

Anderson Co

.

issued a $

44, 513, 60 -

day, discounted note to National Bank. The discount rate is

7 % .

At maturity, assuming a

360 -

day year, the borrower will pay:

.

43, 994

.

41, 397

.

45, 032

.

44, 513

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