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TB MC Qu. 8-157 (Algo) On the maturity date of a... On the maturity date of a $9,000, 9-month, 8% note, the borrower sends
TB MC Qu. 8-157 (Algo) On the maturity date of a... On the maturity date of a $9,000, 9-month, 8% note, the borrower sends a check that includes the principal and all the interest due on the note. What is the amount of the borrower's check? Multiple Choice $9,720 $9,540 $9,000 $15,480
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