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On June 8, Williams Company issued an $70,512, 11%, 120-day note payable to Brown Industries. Assuming a 360-day year for your calculations, what is the
On June 8, Williams Company issued an $70,512, 11%, 120-day note payable to Brown Industries. 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. a. $7,756 b. $78,268 c. $73,097 d. $70,512
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