Question: Question Content Area A $37,200, 60-day, 9% note, dated May 1, is received from a customer on account. Assume a 360-day year, the maturity value

Question Content Area

A $37,200, 60-day, 9% note, dated May 1, is received from a customer on account. Assume a 360-day year, the maturity value of the note is

a.$40,548

b.$37,200

c.$37,758

d.$558

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