Question: A 6 0 - day, 1 0 % note for $ 9 , 0 0 0 , dated April 1 5 , is received from

A 60-day, 10% note for $9,000, dated April 15, is received from a customer on account. The principal value of the note is
Multiple Choice
36
$9,000
$9,850
Try: "5+5" then
$9,900
$7,200
%
7
4
A 6 0 - day, 1 0 % note for $ 9 , 0 0 0 , dated

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