Question: A company borrows $ 1 0 comma 1 0 0 $ 1 0 , 1 0 0 from the bank at 1 4 1 4

A company borrows
$ 10 comma 100$10,100
from the bank at
1414%
interest for
ninetyninety
days.
$ 10 comma 100$10,100
is the________ of the note. The maturity value of the note is________. For computation of interest, use a
365minusday
year.(Round your final answer to the nearest dollar.)
Question content area bottom
Part 1
A.
present value; $ 10 comma 100$10,100
B.
future value; $ 10 comma 100$10,100
C.
maturity value; $ 10 comma 449$10,449
D.
principal; $ 10 comma 449

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