Calculate the maturity value of the note
A $25,000, 12%, 3-month, note payable is issued on July 15. Calculate the maturity value of the note.
A) $25,750
B) $750
C) $2,000
D) $25,000
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A $25,000, 12%, 3-month, note payable is issued on July 15. Compute the maturity value of the note.
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