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Assuming a 360-day year, when a $10,374, 90-day, 12% interest-bearing note payable matures, total payment...

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Accounting

Assuming a 360-day year, when a $10,374, 90-day, 12% interest-bearing note payable matures, total payment will be

a.$1,245

b.$311

c.$11,619

d.$10,685

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