Question: A $25,200, 60-day, 10% note, dated May 1, is received from a customer on account. Assume a 360-day year, the maturity value of the

A $25,200, 60-day, 10% note, dated May 1, is received from a customer on account. Assume a 360-day year, the maturity value of the note is O $27,720 Ob. $25,620 Oc. $25,200 4. $420

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