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    Business
  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 8: Receivables
  5. Question
    Interest on $8,400 at 7% for 60 Days Is
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Interest on $8,400 at 7% for 60 Days Is

Question 20

Question 20

Multiple Choice

Interest on $8,400 at 7% for 60 days is


A) $36.45
B) $41.42
C) $52.65
D) $65.25
E) $96.66

Correct Answer:

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