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Assuming a 360-day year, the interest charged by the bank at the rate of 11%, on a 90-day, discounted note payable of $136,800 is Round
Assuming a 360-day year, the interest charged by the bank at the rate of 11%, on a 90-day, discounted note payable of $136,800 is Round your answer to the nearest whole dollar. O a. $15,048 Ob. $3,762 c. $136,800 O d. $7,524
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