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On June 8, Alton Co. issued an $76,466, 7%, 120-day note payable to Seller Co. Assuming a 360-day year for your calculations, what is the

On June 8, Alton Co. issued an $76,466, 7%, 120-day note payable to Seller Co. Assuming a 360-day year for your calculations, what is the maturity value of the note? TY

Select the correct answer.

$78,250

$5,353

$81,819

$76,466

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