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The Amount Due on the Maturity Date of a $6,000,60-Day

Question 91

Multiple Choice

The amount due on the maturity date of a $6,000,60-day 4%,note receivable is: (Use 360 days a year.)

A) $6,000.
B) $6,240.
C) $5,760.
D) $6,040.
E) $5,960.

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