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JS Farms borrows $150,000 on March 15. They are expected to repay $75,000 on October 15 and the remaining balance on November 15. Calculate the
JS Farms borrows $150,000 on March 15. They are expected to repay $75,000 on October 15 and the remaining balance on November 15. Calculate the total interest obligation if the interest rate is 6% and interest is charged on the daily outstanding principal balance. O a $4,500 b. $7,510 O c. $4,395 Od. $5,659
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