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Evanston Furniture Inc. sold a $ 5 , 0 0 0 bond at 7 . 5 0 % . Using a 3 6 5 -

Evanston Furniture Inc. sold a $

5, 000

bond at

7.50 % .

Using a

365 -

day year, what is the daily interest accrual?

.

1.03

.

3.65

.

1.10

.

7.50

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