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Chase Bank issued a Guarantee for Mr. Marley needed in his business by an amount of $34,000 for a period of nine months starts on

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Chase Bank issued a Guarantee for Mr. Marley needed in his business by an amount of $34,000 for a period of nine months starts on August 1, 2014. The bank charged him insurance 30% of the Guarantee, in addition to 1% commission and $100 stamps. What is the amount will be recorded as uneared guarantee fees when guarantee issued? a. 340 b. 113.3 O c. 141.6 d. 255

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