Question: A 60-day, 12% note for $45,600, dated May 1, is received from a customer on account. The maturity value of the note, assuming a 360-day
A 60-day, 12% note for $45,600, dated May 1, is received from a customer on account. The maturity value of the note, assuming a 360-day year, is Oa. 5912 Ob. 545.600 Oc. 551,072 Od $46,512
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