Question: Rex Corporation accepted a $14,000, 4%, 120-day note dated August8 from Regis Company in settlement of a past bill. On October 11,Rex discounted the note

Rex Corporation accepted a $14,000, 4%, 120-day note dated August8 from Regis Company in settlement of a past bill. On October 11,Rex discounted the note at Park Bank at 5%. (Use Days in a year table.) a. What is the notes maturity value

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