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Question Content Area A $37,200, 60-day, 9% note, dated May 1, is received from a customer on account. Assume a 360-day year, the maturity value
Question Content Area
A $37,200, 60-day, 9% note, dated May 1, is received from a customer on account. Assume a 360-day year, the maturity value of the note is
a.$40,548
b.$37,200
c.$37,758
d.$558
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