Question: 4. MC.08.104.ALGO (Algorithmic) A 60-day, 8% note for $16,800, dated May 1, is received from a customer on account. The maturity value of the note

4. MC.08.104.ALGO (Algorithmic) A 60-day, 8% note for $16,800, dated May 1, is received from a customer on account. The maturity value of the note is a. $224 b. $17,024 C. $18,144 d. $16,800

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