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Anderson Co. issued a $53,671, 60-day, discounted note to National Bank. The discount rate is 6%. At maturity, assuming a 360-day year, the borrower will

Anderson Co. issued a $53,671, 60-day, discounted note to National Bank. The discount rate is 6%. At maturity, assuming a 360-day year, the borrower will pay a. $54,208 b. $53,671 O c. $53,134 O d. $50,451
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Anderson Co, issued a $53,671,60-day, discounted note to Notional Bank. The discount rate is 6%. At maturity, assuming a 360 -day year, the borrower will pay a. 554,208 b. $53,671 c. 553,134 d. 390,451

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