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    The Maturity Value of a $50,000 Note at 11% for 5
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The Maturity Value of a $50,000 Note at 11% for 5

Question 114

Question 114

Multiple Choice

The maturity value of a $50,000 note at 11% for 5 months is (round to nearest dollar) :


A) $50,000.
B) $52,292.
C) $53,208.
D) $55,500.

Correct Answer:

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