Maturity for the note, On July 9, Mifflin Company receives

Maturity for the note

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Reference no: EM13915357

On July 9, Mifflin Company receives a $8,700, 120-day, 6% note from customer Payton Summers as payment on account. Compute the amount due at maturity for the note. (Use 360 days a year.)

a $8,464

b $8,874

c $8,799

d $8,700

e $8,787

Reference no: EM13915357

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