A 10 month promissory note issued on March 21, 2021 and bearing interest of 7.2% p.a. has a maturity value of \$4128.02. Find the face value of the note. Round to two decimal places. Answer:
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To find the maturity date, we add 10 months to March 21, 2021, which gives us January 21, 2022. Show more…
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