Find What is the maturity value of the note

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Problem 1: On August 14, Park Avenue Bank lent $210,000 to City Coffee Shop on a 75 day, 4?% note. What is the maturity value of the note? (Use a 365-day year. Do not round intermediate calculations, and round the final answer to the nearest dollar.)

A. $211,726
B. $211,750
C. $218,400

Reference no: EM132731248

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