Question: K A company issues a 100-day, 12% note for $16,000. What is the principal amount of the note? (Round your answer to the nearest

K A company issues a 100-day, 12% note for $16,000. What is the principal amount of the note? (Round your answer to the nearest dollar.) OA. $16,000 OB. $17,920 OC. $16,533 OD. $15,467

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