The Maturity Value of a $16,000 Non-Interest-Bearing, Simple Discount 6

question 76

Multiple Choice

The maturity value of a $16,000 non-interest-bearing, simple discount 6%, 60-day note is:

• A)$16,160
• B)$16,000
• C)$16,610
• D)$16,600
• E)None of these

---

Definitions:

Business Networking Site

An online platform designed to facilitate professional connections, sharing of industry-related content, and career advancement opportunities.

LinkedIn

A professional networking platform that allows individuals and companies to connect, share, and discover opportunities in the job market and industry sectors.

Live-Streaming Video

The real-time broadcasting of video content over the internet, allowing viewers to watch events unfold live.

Periscope

A live video streaming app that allows users to broadcast and explore the world through live video.