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Entity F borrowed $60,000 on October 1, 2024 issuing a 6-month,10% interest-bearing note to the bank, with principal and interest payable at maturity. What is
Entity F borrowed $60,000 on October 1, 2024 issuing a 6-month,10% interest-bearing note to the bank, with principal and interest payable at maturity. What is the maturity value of the note? Entity F borrowed $60,000 on October 1, 2024 issuing a 6-month,10% interest-bearing note to the bank, with principal and interest payable at maturity. What is the maturity value of the note?
a.$61,500
b.$66,000
c.$63,000
d.$60,000
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