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On November 1, Alan Company signed a 120-day, 9% note payable, with a face value of $16,200. What is the maturity value (principal plus interest)
On November 1, Alan Company signed a 120-day, 9% note payable, with a face value of $16,200. What is the maturity value (principal plus interest) of the note on March 1? (Use 360 days a year.) Multiple Choice $16,686 $16,200 $16,443 $16,362 $16,524 
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