Question: A 9 0 - day, 1 0 % note for $ 1 1 , 0 0 0 , dated April 1 5 , is received

A 90-day, 10% note for $11,000, dated April 15, is received from a customer on account. The face value of the note is
a. $11,275.
b. $12,100 :
C. $11,000.
d. $9,900.
A 9 0 - day, 1 0 % note for $ 1 1 , 0 0 0 , dated

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