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Question 16 16) What is the maturity value of a 3-month, 10% note for $40,000? A) $42,000 B) $44,000 C) $41,000 D) $40,000 Question 17

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Question 16 16) What is the maturity value of a 3-month, 10% note for $40,000? A) $42,000 B) $44,000 C) $41,000 D) $40,000 Question 17 17) Calculate the interest on a 90-day, 9% note for $36,000 (Use a 360-day year to compute interest) A) $720 B) $810 C) $880 D) $460 Question 18 nt of an overdue account receivable

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