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Use the following to answer the next two questions. (Question 1 of 2) On April 2, 2019, Blue Co. sold $100,000 of merchandise to Yellow

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Use the following to answer the next two questions. (Question 1 of 2) On April 2, 2019, Blue Co. sold $100,000 of merchandise to Yellow Co. Yellow gave Blue its 14%, 90-day note for the total. Remember: (30 days as Sept, April, June & Nov, ALL the Rest have 31, except for Feb) Month Days The maturity value of the note is: A $ 100,000 B. None of the above c. $ 96,500 D$ 114,000 E $ 103,500 Use the following to answer the next two questions. (Question 2 of 2) On April 2, 2019, Blue Co. sold $100,000 of merchandise to Yellow Co. Yellow gave Blue its 14%, 90-day note for the total. Remember: (30 days as Sept, April, June & Nov, ALL the Rest have 31, except for Feb) Month Days The due date of Yellow's note is: A July 2, 2019 B. None of the above c July 3, 2019 D. May 31, 2019 E.July 1, 2019

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