Grislyalvarez59611 Grislyalvarez59611

16-12-2022
Business

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Anderson Co. issued a $50,000, 60-day, discounted note to National Bank. The discount rate is 6%. At maturity, assuming a 360-day year, the borrower will pay
a) $50,500
b) $50,000
c) $53,000
d) $49,500

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