Question
The maturity value of a $348,000, 4%, 45-day note receivable dated July 3, assuming a 360-day year, is a.$349,740 b.$361,920 c.$348,000 d.$354,960
The maturity value of a $348,000, 4%, 45-day note receivable dated July 3, assuming a 360-day year, is
a.$349,740
b.$361,920
c.$348,000
d.$354,960
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