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What is the amount of interest on $270 at 5% for 90 days (calculated on 360 days basis? Select the single best answer: A. $3.36

What is the amount of interest on $270 at 5% for 90 days (calculated on 360 days basis?

Select the single best answer:

A. $3.36

B. $3.40

C. $3.43

D. none of the above

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