Red3ratainardw Red3ratainardw
  • 24-04-2017
  • Mathematics
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The maturity value of a $40,000, 9%, 40-day note receivable dated july 3 is

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 24-04-2017
40,000×((1+0.09×(40÷360)))
=40,400
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