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Jasper makes a $29,000, 90-day, 9.0% cash loan to Clayborn Co. The amount of interest that Jasper will collect on the loan is: (Use 360

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Jasper makes a $29,000, 90-day, 9.0% cash loan to Clayborn Co. The amount of interest that Jasper will collect on the loan is: (Use 360 days a year.) Multiple Choice o $2,610. o $217.50. o $652.50. o $29.00. o $1,305.00

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