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Mobile Co. issued a $52,092, 60-day, discounted note to Guarantee Bank. The discount rate is 10%. At maturity, assuming a 360-day year, the borrower will

Mobile Co. issued a $52,092, 60-day, discounted note to Guarantee Bank. The discount rate is 10%. At maturity, assuming a 360-day year, the borrower will pay: Select the correct answer. $46.883 $52,960 $52,092 551,224 image text in transcribed

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