On November 1,Alan Company signed a 120-day,8% note payable,with a face value of $9,000.What is the maturity value of the note on March 1? (Use 360 days a year.)
A)$9,000
B)$720
C)$9,120
D)$9,720
E)$9,240

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The Answer of On November 1,Alan Company signed a 120-day,8% note payable,with a face value of $9,000.What is the maturity value of the note on March 1? (Use 360 days a year.)
A)$9,000
B)$720
C)$9,120
D)$9,720
E)$9,240

On November 1,Alan Company Signed a 120-Day,8% Note Payable,with a Face