Calculate the interest payable at maturity

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Reference no: EM131966067

Kingbird, Inc. accepts from Gates Stores a $6, 400, 4-month, 10% note dated May 31 in settlement of Gates' overdue account.

The maturity date of the note is September 30. Calculate the interest payable at maturity. Interest payable at maturity $

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131966067

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