On november 1 alan company signed a 120-day 12 note payable
On November 1, Alan Company signed a 120-day, 12% note payable, with a face value of $18,900. What is the maturity value of the note on March 1?(Use 360 days a year.)
a. $18,900
b $19,656
c $19,152
d $19,404
e $19,278
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