The Maturity Value of a 90-Day Note for $4,000 That

question 16

Multiple Choice

The maturity value of a 90-day note for $4,000 that bears interest at 10 percent a year is

• A) $4,400.
• B) $4,100.
• C) $4,000.
• D) $3,900. 4,000 x 90/360 x .1 = 100; 4,000 + 100 = $4,100.

---

Definitions:

Domains

Specific areas of interest or activity, especially areas of knowledge or expertise.

Organizational Citizenship

Volunteer actions of employees that contribute to the organization's well-being beyond the scope of their job requirements.

Internal

Refers to elements, operations, or factors existing or occurring within an entity or system.

External

pertains to factors, influences, or conditions that exist outside of the individual's personal control or internal environment.