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Assuming a 360-day year, the interest charged by the bank at the rate of 7%, on a 90 -day, discounted note payable of $115,200 is

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Assuming a 360-day year, the interest charged by the bank at the rate of 7%, on a 90 -day, discounted note payable of $115,200 is Round your answer to the nearest whole dollar. a. 5115,200 b. 52,016 c. $8,064 d. 54,03

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