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Both Austin and Jasmine purchased items on account thru Mason Landscaping. Austin will pay its account within 30 days. Jasmine signed a written promise to

Both Austin and Jasmine purchased items on account thru Mason Landscaping. Austin will pay its account within 30 days. Jasmine signed a written promise to pay within 90 days with a 1% monthly interest rate. What is the difference between these two transactions?  

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