Using Figure 4.6 as a model, write a promissory note from you to John Doe. The note

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Using Figure 4.6 as a model, write a promissory note from you to John Doe. The note is payable in one year in the amount of $50 with interest of 11 percent and monthly payments of $4.63. Are you the maker or the payee? What is the total amount you will pay?

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Managing Your Personal Finances

ISBN: 9781305076815

7th Edition

Authors: Joan S. Ryan, Christie Ryan

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