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On July 7. University Bank lent $590,000 to Jazz Music Shop on a 60 day, 5% note. What is the maturity value of the note?

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On July 7. University Bank lent $590,000 to Jazz Music Shop on a 60 day, 5% note. What is the maturity value of the note? (Use a 365-day year. Do not fou intermediate calculations, and round the final answer to the nearest dollar.) O A. $594,917 B. $590,000 O c. $594,849 D. $619,500

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