What is the maturity value of a $9,000 note, bearing interest at 9 percent, and due 105

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What is the maturity value of a $9,000 note, bearing interest at 9 percent, and due 105 days after date of issue of the note?

Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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