Question: c. note deferred interest d. note principal Assuming a 360-day year, the interest charged by the bank, at the rate of 6%, on a 90-day

c. note deferred interest d. note principal Assuming a 360-day year, the interest charged by the bank, at the rate of 6%, on a 90-day 2. discounted note payable of $100,000 is $6,000 b. $1,500 . $500 d. $3,000 3 matures, the total payment will be Assuming a 360-day year, when a $50,000, 90-day, 9% interest-bearing note payable 51,125 b. $54,500 c. $1,125 d. $4,500 4 discount rate is 6%. At maturity, assuming a 360-day year, the borrower will pay Anderson Co. issued a $50,000, 60-day, discounted note to National Bank. The a. $53,000 b. $50,500 $50,000 d. $49,500

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