company issues a $63,000 8-month note on September 1,2020. The note is 6.5% simple interest...
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Accounting
company issues a $63,000 8-month note on September 1,2020. The note is 6.5% simple interest bearing and was issued for $61,000 cash. Calculate total cash payment that must be made on April 30,2020 when the note matures.
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