[Solved] If the interest rate on a note is 10.5 %

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If the interest rate on a note is 10.5 % and the principal was $54,000, what is the maturity value of the note, if the

If the interest rate on a note is 10.5 % and the principal was $54,000, what is the maturity value of the note, if the term of the note is 7 months? (Round your final answer to the nearest dollar.) A. $54,000 B. $57,308 C. $56,363 D. $59,670

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