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Using a 365-day year, the maturity value of a 55-day, 8% note for $18,000 rounded to the nearest cent is: (Do not round any intermediary

Using a 365-day year, the maturity value of a 55-day, 8% note for $18,000 rounded to the nearest cent is: (Do not round any intermediary calculations. Round your final answer to the nearest cent) $16, 193. $15, 807. $17, 280. $16,000

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