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A 90-Day, 10% Note for $10,000 Dated March 15 Is

Question 26

Multiple Choice

A 90-day, 10% note for $10,000 dated March 15 is received from a customer on account.The face value of the note is:

A) $10,250.
B) $9,000.
C) $9,750.
D) $10,000.

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