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Compute the maturity value for each of the following notes receivable.
1. A $5000 6% 3-month note dated July 20.
Maturity value $____________.
2. A $12000 9% 150-day note dated August 5.
Maturity value $____________.
Complaint
A formal legal document filed in court by a plaintiff to initiate a lawsuit, detailing the claims against the defendant.
Threshold Requirement
A basic criterion that must be met for a legal action to proceed or for a person to qualify for a certain status or benefit.
Jury Trial
A legal process where a jury made up of citizens decides the outcome of a case.
Civil Case
A legal dispute between individuals or entities, where the plaintiff seeks compensation or resolution non-criminal in nature.
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