On November 1, Carter Company Signed a 120-Day, 10% Note

Multiple Choice

On November 1, Carter Company signed a 120-day, 10% note payable, with a face value of $9,000. What is the maturity value of the note on March 1?

A) $9,000
B) $9,100
C) $9,150
D) $9,200
E) $9,300