Question: Quick Tire and Lube received a 120-day, 8% note for 572,000 , dated Apnil 9 from a customer on account. Assume 360 days in a
Quick Tire and Lube received a 120-day, 8% note for 572,000 , dated Apnil 9 from a customer on account. Assume 360 days in a year: a. Determine the due date of the note. b. Determine the maturity value of the
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