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A 60-day, 12% note for $7,000, dated April 15, is received from a customer on account. The face value of the note is: a. $7,140 b. $6,860 c. $7,000 d. $7,840
A 60-day, 12% note for $7,000, dated April 15, is received from a customer on account. The face value of the note is: a. $7,140 b. $6,860 c. $7,000 d. $7,840