Question: A 90-day, 5% note for $12,270, dated May 1, is received from a customer on account. The maturity value of the note is the one

A 90-day, 5% note for $12,270, dated May 1, is received from a customer on account. The maturity value of the note is the one listed below. Round your answer to a whole number. (Assume 360 days in a year.)

a.$12,884

b.$153

c.$12,270

d.$12,423

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