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17 17. A long-term promissory note for $40,000 is taken out on June 15,2018 . The interest rate on the note is j4=7% and the

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17. A long-term promissory note for $40,000 is taken out on June 15,2018 . The interest rate on the note is j4=7% and the note is due on Dec 15, 2023. What is the maturity value of the note? (A) $58,597,50 (B) $58,589.15 (C) $58,398.79 (D) $57.581.47

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