Question: Use the future value formula to compute the maturity value of the following promissory note. Ignore any grace period. A $3999.00 note is issued on

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

A $3999.00 note is issued on August 22, 2011, at 6.8% for 164 days.

The maturity value is =

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

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