The amount due on the maturity date of a $12,000, 60-day 8%, note receivable is:
a. $6,000.
b. $12,000.
c. $160.
d. $12,160.
e. $5,920.
Answer: B
The amount due on the maturity date of a $12,000, 60-day 8%, note receivable is:
a. $6,000.
b. $12,000.
c. $160.
d. $12,160.
e. $5,920.
Answer: B
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