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Jasper makes a $40,000,90-day. 7.5% cash loan to Claybom Company. The amount of interest that Jasper will collect on the loan is: (Use 360 doys

Jasper makes a $40,000,90-day. 7.5% cash loan to Claybom Company. The amount of interest that Jasper will collect on the loan is: (Use 360 doys a year.) Multiple Choice $33.33 $75000 $25000 $3,000 5150000

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