Which of the Following Statements Is (Are)true

Multiple Choice

Which of the following statements is (are) true?
(i) A merchant receives an invoice for $10,000 with terms 4/30,n/90.He/she should not take advantage of the discount if he/she can borrow money at r = 20%
(ii) A 60-day promissory note has a maturity value of $5000.Its price 30- days before maturity,at a rate of simple discount d = 4%,is $4983.56

A) Both are true
B) (i) only
C) (ii) only
D) Neither are true