Question: Rex Corporation accepted a $ 5 , 0 0 0 , 8 % , 1 2 0 - day note dated August 8 from Regis

Rex Corporation accepted a $5,000,8%,120-day note dated August 8 from Regis Company in settlement of a past bill. On October 11, Rex discounted the note at Park Bank at 9%.(Use Days in a year table.)
a. What is the notes maturity value?

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