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Rudder Inc. accepts on April 1, 20x8 a 120-day 12% note for $8,000 worth of accounts receivable past due. Calculate the amount of cash Rudder

Rudder Inc. accepts on April 1, 20x8 a 120-day 12% note for $8,000 worth of accounts receivable past due. Calculate the amount of cash Rudder should collect on the note at maturity. Round to the nearest whole number

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