Question: A 60-day, 7% note for $8,400, dated April 15, is received from a customer on account. The face value of the note is a. $8,988

 A 60-day, 7% note for $8,400, dated April 15, is received

A 60-day, 7% note for $8,400, dated April 15, is received from a customer on account. The face value of the note is a. $8,988 b. $8,400 c. $588 d. $8,498

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