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    Exam 7: Applications of Simple Interest
  5. Question
    Calculate the Maturity Value of a 120-Day, $1,000 Face Value
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Calculate the Maturity Value of a 120-Day, $1,000 Face Value

Question 59

Question 59

Short Answer

Calculate the maturity value of a 120-day, $1,000 face value note dated September 5, 2013, earning interest at 4.75%.

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