A company borrows $10,000 from the bank at 10% interest for sixty days.$10,000 is the ________ of the note.The maturity value of the note is ________.

Name: A company borrows $10,000 from the bank at 10% interest for sixty days.$10,000 is the ________ of the note.The maturity value of the note is ________.
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The $10,000 is the principal of the note. The maturity value is calculated by adding the interest to the principal: $10,000 + ($10,000 * 10% * 60/365) = $10,164.

A Company Borrows $10,000 from the Bank at 10% Interest