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Jasper makes a $46,000, 90-day, 7.0% cash loan to Clayborn Company. The amount of interest that Jasper will collect on the loan is: (Use 360

Jasper makes a $46,000, 90-day, 7.0% cash loan to Clayborn Company. The amount of interest that Jasper will collect on the loan is: (Use 360 days a year.)

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