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Valley Spa Purchased $7,800 in Plumbing Components from Tubman Co

Question 124

Multiple Choice

Valley Spa purchased $7,800 in plumbing components from Tubman Co.Valley Spa Studios signed a 60-day,10% promissory note for $7,800.If the note is dishonored,what is the amount due on the note? (Use 360 days a year.)


A) $130
B) $7,800
C) $7,930
D) $8,050
E) $8,130

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