On October 1,2017,Parkin,Inc

question 169

Multiple Choice

On October 1,2017,Parkin,Inc.made a loan to one of its customers.The customer signed a 6-month note for $110,000 at 14%.Calculate the maturity value of the note.(Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )

• A)$117,700
• B)$125,400
• C)$94,600
• D)$102,300

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