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Madison Corp. issued a 175-day-month $960,000, 10% note payable. When the note matures, what is the total maturity value that Madison will owe? (Round

Madison Corp. issued a 175-day-month $960,000, 10% note payable. When the note matures, what is the total maturity value that Madison will owe? (Round your answer to the nearest dollar.)

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