Multiple Choice
Canton Graphics issues a $13,000, 7.5%, 2-year note to Bowden Corporation. Interest on the note is _________ and the maturity value is __________.
A) $1,950; $14,950
B) $1,950; $13,000
C) $14,950; $1,950
D) $13,000; $1,950
Correct Answer:
Verified
Correct Answer:
Verified
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