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    Exam 16: Notes Payable and Notes Receivable
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    The Amount of Cash Paid at Maturity Date on a $9,000
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The Amount of Cash Paid at Maturity Date on a $9,000

Question 61

Question 61

Multiple Choice

The amount of cash paid at maturity date on a $9,000 face value,60-day note bearing interest at 6 percent is


A) $9,720.
B) $9,090.
C) $9,000.
D) $9,540.

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