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Assuming a 360-day year, when a $49,200 note payable comes due, 90 days, and 6% interest. Calculate the total payment

Assuming a 360-day year, when a $49,200 note payable comes due, 90 days, and 6% interest.

Calculate the total payment

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SOLUTION To calculate the total payment we need to consider the principal amount of the note payable ... blur-text-image

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