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

A 60-day, 12% note for $11,000, dated May 15, is received from a customer. The principal amount of the note is:
Question 11 options:
$1440.00
$720.00
$2,880.00
$710.00
A 6 0 - day, 1 2 % note for $ 1 1 , 0 0 0 , dated

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