Question: A $40,000, 3-month, 8% note is dated June 1, 2016. The maturity date and maturity value of the note are, respectively: Select one: A. September

A $40,000, 3-month, 8% note is dated June 1, 2016. The maturity date and maturity value of the note are, respectively: Select one: A. September 1, 2016; $800 B. August 29, 2016; $40,000 C. August 29, 2016; $40,800 D. September 1, 2016; $40,800

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