What Is the Maturity Value of a 6-Month,13% Note for $80,000

question 198

Multiple Choice

What is the maturity value of a 6-month,13% note for $80,000? (Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar.)

• A) $82,000
• B) $90,400
• C) $85,200
• D) $80,000

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