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On July 9, Mifflin Company receives a $9,400, 150-day, 6% note from customer Payton Summers as payment on account. Compute the amount due at maturity
On July 9, Mifflin Company receives a $9,400, 150-day, 6% note from customer Payton Summers as payment on account. Compute the amount due at maturity for the note.(Use 360 days a year.)
- $9,400
- $9,507
- $9,494
- $9,145
- $9,635
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