Determine the maturity date and compute the interest for the following note payable with add-on interest: Date of Principal Interest Rate Term Note (%) May 10 8,400 7% 90 days

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Determine the maturity date and compute the
interest for the following note payable with add-on
interest:
Date of
Principal Interest Rate
Term
Note
(%)
May 10
8,400
7%
90 days
Transcribed Image Text:Determine the maturity date and compute the interest for the following note payable with add-on interest: Date of Principal Interest Rate Term Note (%) May 10 8,400 7% 90 days
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