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Business, 14.04.2020 17:31 lilybrok04

Michigan Bank lends Detroit Furniture Company $110,000 on December 1. Detroit Furniture Company signs a $110,000, 9%, 4-month note. The total cash paid for interest (only) at maturity of the note is: (Round your final answer to the nearest dollar.)

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Michigan Bank lends Detroit Furniture Company $110,000 on December 1. Detroit Furniture Company sign...

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