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On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $27,000 what is the maturity value of the note

On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $27,000 what is the maturity value of the note on March 1? (Use 360 days a year.) Multiple Choice $27,450 27,900 $27,000 $27,300

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