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Using a 360-day year, interest calculated for 120 days on a $6,000, 9% promissory note is: Select one: a. $540. b. $360. c. $180. d.

Using a 360-day year, interest calculated for 120 days on a $6,000, 9% promissory note is:

Select one:

a. $540.

b. $360.

c. $180.

d. some other amount.

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