Question: A 60-day, 7% note for $46,800, dated May 1, is received from a customer on account. The maturity value of the note, assuming a 360-day

A 60-day, 7% note for $46,800, dated May 1, is received from a customer on account. The maturity value of the note, assuming a 360-day year, is Oa. $47,346 Ob. $546 Oc. $46,800 Od. $50,076
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