A 60-Day, 9% Note for $10,000, Dated May 1, Is

question 116

Multiple Choice

A 60-day, 9% note for $10,000, dated May 1, is received from a customer on account. The maturity value of the note is

• A) $10,000
• B) $10,150
• C) $10,900
• D) $9,100

Analyze the role of productivity and technology in economic growth.

Differentiate between the main components of a nation’s financial health (GDP, national debt, budget surplus/deficit).

Understand the concept and importance of the firm's target capital structure.

Grasp the components and calculation of a firm's overall cost of capital.