Question: A 9 0 - day, 1 5 % note for $ 2 0 , 0 0 0 , dated April 1 5 , is received

A 90-day, 15% note for $20,000, dated April 15, is received from a customer on account. The face value of the note is
a. $17,000.
b. $23,000.
c. $20,000.
d. $20,750.

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