The maturity value of a $28,000, 6%, 60-day interest-bearing note on August 6, is:
A) $28,276.16
B) $28,140
C) $28,280
D) $22,800
E) None of these

Name: The maturity value of a $28,000, 6%, 60-day interest-bearing note on August 6, is: A) $28,276.16 B) $28,140 C) $28,280 D) $22,800 E) None of these
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The Answer of The maturity value of a $28,000, 6%, 60-day interest-bearing note on August 6, is:
A) $28,276.16
B) $28,140
C) $28,280
D) $22,800
E) None of these

The Maturity Value of a $28,000, 6%, 60-Day Interest-Bearing Note