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    Exam 8: Accounting for Receivables
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    The Maturity Value of a $70,000, 8%, 3-Month Note Receivable
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The Maturity Value of a $70,000, 8%, 3-Month Note Receivable

Question 205

Question 205

Multiple Choice

The maturity value of a $70,000, 8%, 3-month note receivable is


A) $70,467.
B) $70,560.
C) $71,400.
D) $75,600.

Correct Answer:

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