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Jasper makes a $43,000, 90-day, 9.0% cash loan to Clayborn Co. The amount of interest that Jasper will collect on the loan is: (Use 360
Jasper makes a $43,000, 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.)
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$1,935.00.
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$967.50.
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$322.50.
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$43.00.
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$3,870.
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