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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
What is the maturity value of a 3-month, 14% note for $50,000? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $57,000
B) $51,750
C) $50,000
D) $52,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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H3Ko Author
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#2
7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
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