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Duerr Company makes a $65,000, 90-day, 12% cash loan to Ryan Co. The note and interest to be collected at maturity is: (Use 360 days

Duerr Company makes a $65,000, 90-day, 12% cash loan to Ryan Co. The note and interest to be collected at maturity is: (Use 360 days a year.) Multiple Choice $65,000. O $1.950. O $66,950 O $63.050. O $72,800

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