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    Exam 8: Reporting and Analyzing Receivables
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    The Maturity Value of a $50,000, 12%, 3-Month Note Receivable
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The Maturity Value of a $50,000, 12%, 3-Month Note Receivable

Question 62

Question 62

Multiple Choice

The maturity value of a $50,000, 12%, 3-month note receivable is


A) $51,500.
B) $50,600.
C) $56,000.
D) $50,500.

Correct Answer:

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