Question: Use the future value formula to compute the maturity value of the following promissory note. Ignore any grace period. A 5-month, 5.3% note for $891.00

Use the future value formula to compute the maturity value of the following promissory note. Ignore any grace period.

A 5-month, 5.3% note for $891.00 is issued July 29, 1998.

The maturity value is: $______?

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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