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    Exam 9: Receivables
  5. Question
    A Company Issues a 100-Day,14% Bill for $17,000
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A Company Issues a 100-Day,14% Bill for $17,000

Question 12

Question 12

Multiple Choice

A company issues a 100-day,14% bill for $17,000.What is the principal amount of the bill?


A) $16,339
B) $17,000
C) $17,661
D) $19,380

Correct Answer:

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