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A 60-Day, 10% Note for $6,000 Dated April 15 Is

Question 48

Multiple Choice

A 60-day, 10% note for $6,000 dated April 15 is received from a customer on account. The face value of the note is:

A) $6,100.
B) $5,400.
C) $5,900.
D) $6,000.

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