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Chang, Inc. issued a 3-month note in the amount of $288,000 on December 1 of this year with an annual rate of 5%. What amount

Chang, Inc. issued a 3-month note in the amount of $288,000 on December 1 of this year with an annual rate of 5%. What amount of interest has accrued as of December 31 of this year? Select one: a. $950 b. $3,600 c. $3,420 d. $1,200 e. $1,140

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