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1) Data for a notes receivable made on May 15th is as follows: Notes Receivables $30,000 Number of days for the note 120 Interest rate

1) Data for a notes receivable made on May 15th is as follows: Notes Receivables $30,000 Number of days for the note 120 Interest rate 4% Required: (1) Find the maturity date (2) Find the maturity value of the note.

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