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Assuming a 360-day year, when a $60,000, 90-day, 7% interest-bearing note payable matures, total payment will be ______ . Round your answer to the nearest
Assuming a 360-day year, when a $60,000, 90-day, 7% interest-bearing note payable matures, total payment will be ______ . Round your answer to the nearest whole dollar.
a. 64,200
b. 60,000
c. 61,050
d. 4,200
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