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Anderson Co. issued a $60,000, 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 $60,000, 60-day, discounted note to National Bank. The discount rate is 6%. At maturity, assuming a 360-day year, the borrower will pay $53,000 $50,500 $60,000 $49,500

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