Question: A promissory note for $600.00 dated January 15, 2017, requires and interest payment of $90.00 at maturity. If interest is 12% per annum compounded monthly,
A promissory note for $600.00 dated January 15, 2017, requires and interest payment of $90.00 at maturity. If interest is 12% per annum compounded monthly, determine the due date of the note.
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