The Maturity Value of a $5,000, 9%, 60-Day Note Receivable

question 75

Multiple Choice

The maturity value of a $5,000, 9%, 60-day note receivable dated February 10th is

• A) $5,000.
• B) $5,038.
• C) $5,075.
• D) $5,450.

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Definitions:

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A measure of a person's intellectual capabilities compared to the average intelligence level of their age group.