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Determine the term of the note

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Reference no: EM132471827

Question - Given the following information concerning a promissory note:

Additional Resources:

Principal $2,700

Interest Rate 14%

Interest $94.5

Required - Determine the term of the note.

Note: To simplify the arithmetic in the problem, use 360 days for the number of days in a year.

Reference no: EM132471827

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