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Using Bankers Rule:(360 DAYS IN A YEAR) Find the maturity value of the undiscounted promissory note. A Loan for $5,000 was made on Aug. 5,2012,

Using Bankers Rule:(360 DAYS IN A YEAR) Find the maturity value of the undiscounted promissory note.

A Loan for $5,000 was made on Aug. 5,2012, and in nine(9) months after date. payment will be due on May 5th 2013 with a 8% rate per annum.

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