entry Wholesalers accepts from Metlock Stores a $9,500, 4-month, 12% note dated May 31 in settlement of Metlock’s overdue account.           What is the maturity date of the note? Maturity date of the note    September 1September 30October 1October 31 .             What is the interest payable at the maturity date? Interest payable at the maturity date $

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A:

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