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Posted on Sep 10, 2024

Laura's Book Shoppe is going to borrow $ 5 0 , 0 0 0 for 9 0 days at an annual rate of 9 %

Laura's Book Shoppe is going to borrow $

50, 000

for

90

days at an annual rate of

9 % .

What is the amount of interest owing in

90

days?

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