The Maturity Value of a 90-Day Note for $4,000 That

question 11

Multiple Choice

The maturity value of a 90-day note for $4,000 that bears interest at 10 percent a year is

• A) $4,400.
• B) $4,100.
• C) $4,000.
• D) $3,900.

---

Definitions:

British Culture

The customs, traditions, and social norms originating from or associated with the United Kingdom.

Proxemics

The examination of the ways in which human beings occupy spaces and the influence of how crowded these spaces are on behavior, communication, and relationships.

Communication

The process of transmitting information, ideas, emotions, skills, and knowledge from one entity or person to another.

Monochronic Cultures

Cultures in which people tend to do one thing at a time.