Question: Determine the maturity date, interest in 2010 and 2011, and maturity value for a 90-day, 12 percent, $30,000 note from a customer dated December 1,
Determine the maturity date, interest in 2010 and 2011, and maturity value for a 90-day, 12 percent, $30,000 note from a customer dated December 1, 2010 assuming a December 31 year end.
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