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Anderson Co. issued a $41,125, 60-day, discounted note to National Bank. The discount rate is 9%. At maturity, assuming a 360-day year, the borrower will

Anderson Co. issued a $41,125, 60-day, discounted note to National Bank. The discount rate is 9%. At maturity, assuming a 360-day year, the borrower will pay a. $37,424 b. $41,125 c. $40,508 d. $41,742

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