If the Maturity Value Is $15,012

question 112

Multiple Choice

If the maturity value is $15,012.47,what is the face value of the note? (to nearest dollar)

• A)$14,264
• B)$14,258
• C)$14,250
• D)$14,209

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Definitions:

Conscious Effort

A deliberate and intentional attempt to perform an action or accomplish a goal.

Diet

The kinds of food that a person, animal, or community habitually eats, or a special course of food to which one restricts oneself, either to lose weight or for medical reasons.

Nonlinear

Describes relationships in data or equations where there is not a straight-line or proportional association between variables.

Spread

A statistical term referring to the range or distribution of a set of values.