On October 1,Ramos Co.signed a $90,000,60-day discounted note at the bank.The discount rate was 6%,and the note was paid on November 30.
(Assume a 360-day year is used for interest calculations.)

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The Answer of On October 1,Ramos Co.signed a $90,000,60-day discounted note at the bank.The discount rate was 6%,and the note was paid on November 30.
(Assume a 360-day year is used for interest calculations.)