Question: Determine the maturity date, interest in 2011 and 2012, and maturity value for a 90-day, 12 percent, $15,000 note from a customer dated December 1,

Determine the maturity date, interest in 2011 and 2012, and maturity value for a 90-day, 12 percent, $15,000 note from a customer dated December 1, 2011, assuming a December 31 year-end.

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