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Alpha Incorporation received a 120-day, 8% note amounting to $450,000, dated 9th April from Sigma Incorporation on its account. The maturity value of the note

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Alpha Incorporation received a 120-day, 8% note amounting to $450,000, dated 9th April from Sigma Incorporation on its account. The maturity value of the note would be: a. $450,000 b. $486,000 c. $450,900 d. $462,000

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