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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
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$17,376.0
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$10,464.0
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$9,600.0
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$10,248.0
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