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Question Content Area Assuming a 360-day year, the interest charged by the bank, at...

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Accounting

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Assuming a $360 -$ day year, the interest charged by the bank, at the rate of $9 %,$ on a $90 -$ day, discounted note payable of $ $80, 273$ is

a $.$ $ $1, 806$

b $.$ $ $7, 225$

c $.$ $ $80, 273$

d $.$ $ $3, 613$

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