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majestico majestico
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Posts: 1455
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7 years ago
A $12,000, 5% note is dated May 18 and is due in 90 days. Using a 360-day year, the maturity value would be:
A) $12,050.
B) $12,000.
C) $12,150.
D) $12,175.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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1 Reply
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Answer verified by a subject expert
keytwokeytwo
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Posts: 710
7 years ago
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majestico Author
wrote...

7 years ago
Correct Slight Smile TY
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
You make an excellent tutor!
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