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Use the following to answer questions 6 -10 On October 1FLY Tech an Airline maintenance company, borows $500.000 cash from Bank of America to expand

Use the following to answer questions 6 -10 On October 1"FLY Tech an Airline maintenance company, borows $500.000 cash from Bank of America to expand operations FLY signs a 3 year. 3.15% promissory note. interest is payable at maturity FLY's year end is December 31 Assume simple interest Question 2 0.39 pts

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