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On July 7, University Bank lent 560,000 to Jazz Music Shop on a 60 day, 7% note. What is the maturity value of the note?

On July 7, University Bank lent 560,000 to Jazz Music Shop on a 60 day, 7% note. What is the maturity value of the note? (Use a 360-day year and round answers to the nearest dotar.) O A $500,000 OB. $566,444 OC. $566,533 OD. $599,200

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