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Assuming a 360-day year, when a $40,000, 90-day, 9% interest-bearing note payable matures, total payment will amount to: a. $43,600 b. $40,900 c. $3,600 egafg

Assuming a 360-day year, when a $40,000, 90-day, 9% interest-bearing note payable matures, total payment will amount to:

a. $43,600

b. $40,900

c. $3,600

egafg

d. $900

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