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Duerr Company makes a $75,000, 60-day, 11% cash loan to Ryan Co. The note and Interest to be collected at maturity is: (Use 360 days

Duerr Company makes a $75,000, 60-day, 11% cash loan to Ryan Co. The note and Interest to be collected at maturity is: (Use 360 days a year.) Multiple Choice $1.375. $82 250 $.

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