Question: A 60-day, 7% note for $33,600, dated May 1, is received from a customer on account. The maturity value of the note is a.$33,600 b.$392
A 60-day, 7% note for $33,600, dated May 1, is received from a customer on account. The maturity value of the note is
a.$33,600
b.$392
c.$35,952
d.$33,992
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