The maturity value of a $226,800,6%, 45-day note receivable dated July 3, assuming a 360-day year, is
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Question:
The maturity value of a $226,800,6%, 45-day note receivable dated July 3, assuming a 360-day year, is
a. $233,604
b. $226,800
c. $240,408
d. $228,501
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