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On June 8, Williams Company issued an $81,600, 7%, 120-day note payable to Brown Industries. Assuming a 360-day year, what is the maturity value of
On June 8, Williams Company issued an $81,600, 7%, 120-day note payable to Brown Industries. Assuming a 360-day year, what is the maturity value of the note? Round your answer to the nearest whole dollar.
$5,712
$83,504
$87,312
$81,600
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