Question: A 60-day, 6% note for $38,400, dated May 1, is received from a customer on account. The maturity value of the note is a. $38,784

A 60-day, 6% note for $38,400, dated May 1, is received from a customer on account. The maturity value of the note is a. $38,784 b. $38,400 C. $40,704 d. $384

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