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On June 8, Alton Co. issued an $79,290, 12%, 120-day note payable to Seller Co. Assuming a 360- day year for your calculations, what is
On June 8, Alton Co. issued an $79,290, 12%, 120-day note payable to Seller Co. Assuming a 360- day year for your calculations, what is the maturity value of the note? When required, round your answer to the nearest dollar. Select the correct answer. $79,290 $9,515 $88,805 $82,462
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