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On July 7, University Bank lent $600,000 to Jazz Music Shop on a 60 day, 4% note. What is the maturity value of the
On July 7, University Bank lent $600,000 to Jazz Music Shop on a 60 day, 4% note. What is the maturity value of the note? (Use a 365-day year. Do not round intermediate calculations, and round the final answer to the nearest dollar.) A. $624,000 B. $600,000 C. $604,000 OD. $603,945
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