nabilarizwan0987 nabilarizwan0987

15-11-2022
Business

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A 60-day, 12% note for $10,000, dated May 1, is received from a customer on account. Assuming a 360-day year, the maturity value of the note is?

a. $10,000.
b. $9,980.
c. $11,200.
d. $10,200.

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