Question: A 6 0 - day, 1 2 % note for $ 1 5 , 0 0 0 , dated May 1 , is received from

A 60-day, 12% note for $15,000, dated May 1, is received from a customer on account. The maturity value of the note is:
$14,700
$15,300
$16,200
$15,000
A 6 0 - day, 1 2 % note for $ 1 5 , 0 0 0 , dated

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