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On July 9, Mifflin Company receives a $7.200, 90-day, 8% note from customer Payton Summers as payment on account. Compute the amount due at maturity

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On July 9, Mifflin Company receives a $7.200, 90-day, 8% note from customer Payton Summers as payment on account. Compute the amount due at maturity for the note and interest. (Use 360 days a year.) Multiple Choice $7,344 $7,296 $7,309 O $7,344 O $7,296 O $7,309 O $6,939 $7,200

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