Multiple Choice
A 60-day,12% note for $15,000 dated May 1 is received from a customer on account.The maturity value of the note is (Assume 360 days in a year) :
A) $15,300.
B) $15,000.
C) $14,700.
D) $16,800.
Correct Answer:
Verified
Correct Answer:
Verified
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