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A Promissory Note Has a Face Value of $1725 and It

question 63

Multiple Choice

A promissory note has a face value of $1725 and it has a date of issue of October 1 this year. The term is for 4 months. The rate of interest is 6.13%. What is the legal due date of the promissory note?


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Creative Solution

An innovative or imaginative resolution to a problem that is not obvious and often involves seeing the situation in a new way.

Formal Concepts

Abstract ideas or principles that are defined by clear, consistent rules or characteristics.

Unusual Uses Test

A creativity test that measures the ability of an individual to generate diverse and novel uses for common objects.

Creativity

The ability to generate new, diverse, and unique ideas, solutions, or products through imaginative skill and original thinking.

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