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Anderson Co. issued a $59,335, 60-day, discounted note to National Bank. The discount rate is 7%. At maturity, assuming a 360-day year, the borrower will

Anderson Co. issued a $59,335, 60-day, discounted note to National Bank. The discount rate is 7%. At maturity, assuming a 360-day year, the borrower will pay

a.$60,027

b.$59,335

c.$55,182

d.$58,643

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