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On the maturity date of a $9,600, 9-month, 9% note, the borrower sends a check that includes the principal and all of the interest due

On the maturity date of a $9,600, 9-month, 9% note, the borrower sends a check that includes the principal and all of the interest due on the note. What is the amount of the borrowers check?

Multiple Choice

  • $17,376.0

  • $10,464.0

  • $9,600.0

  • $10,248.0

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