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    Exam 9: Receivables
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    What Is the Maturity Value of a 3-Month, 10% Note
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What Is the Maturity Value of a 3-Month, 10% Note

Question 47

Question 47

Multiple Choice

What is the maturity value of a 3-month, 10% note for $40,000?


A) $42,000
B) $44,000
C) $41,000
D) $40,000

Correct Answer:

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