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Homework answers / question archive / On the maturity date of a $8,400, 3-month, 11% note, the borrower sends a check that includes the principal and all of the interest due on the note

On the maturity date of a $8,400, 3-month, 11% note, the borrower sends a check that includes the principal and all of the interest due on the note

Finance

On the maturity date of a $8,400, 3-month, 11% note, the borrower sends a check that includes the principal and all of the interest due on the note. What is the amount of the borrower's check?

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