A $10,000,7% Note Is Dated May 18 and Is Due

question 53

Multiple Choice

A $10,000,7% note is dated May 18 and is due in 90 days.Using a 360-day year,the maturity value would be:

• A)$10,000.
• B)$10,700.
• C)$10,175.
• D)$10,525.

---

Definitions:

Out-Group Bias

The tendency to have negative views or prejudices towards people who are perceived as belonging to a different group than one's own.

Discrimination

Unjust or prejudiced treatment of different categories of people, especially on the grounds of race, age, or sex.

Frustration

The feeling of being upset or annoyed, especially because of inability to change or achieve something.

Early-onset

Referring to the occurrence of symptoms or conditions at an earlier stage or age than is typical or expected.