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The Maturity Value of a 6 Month, 7% Note for $45,000

Question 102

Multiple Choice

The maturity value of a 6 month, 7% note for $45,000, dated May 12 is: (Round your final answer to the nearest dollar.)

A) $1575.
B) $45,000.
C) $48,150.
D) $46,575.

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