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Can I get an explanation of how it is 51,500 please. Thank You The maturity value of a $50,000 note at 9% for 4 months

image text in transcribed Can I get an explanation of how it is 51,500 please. Thank You

The maturity value of a $50,000 note at 9% for 4 months is: A) $51, 500 B) $51, 125 C) $68,000 D) $54, 500 30)_______

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