Question: Explain steps plis A company issues a 60 - day, 11% note for $17,000. What is the principal amount of the note? (Round your answer

Explain steps plis

A company issues a 60 - day, 11% note for $17,000. What is the principal amount of the note? (Round your answer t the nearest dollar.) A. $16,688 B. $17,312 C. $18,870 D. $17,000

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