For the following promissory note, find the missing entry for days of interest or maturity...
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Accounting
For the following promissory note, find the missing entry for days of interest or maturity date (due date). Then compute the amount of interest due at maturity and the maturity value. For the given problem use a 360-day year. Round dollar amounts to the nearest cent.
Face Value
Date of Note
Days of Interest
Maturity Date
Rate
Interest Amount
Maturity Value
$16,500
June 26, 2013
Oct. 2, 2013
7.5%
$
$
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