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Total interest to be earned on a $7,500, 5%, 90-day note is: A) $93.75 B) $375.00 C) $1,125.00 D) $31.25 E) $125.00 Please, type out
Total interest to be earned on a $7,500, 5%, 90-day note is:
A) $93.75
B) $375.00
C) $1,125.00
D) $31.25
E) $125.00
Please, type out the steps and explain answer.
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