TwistG92261 TwistG92261
  • 22-02-2024
  • Business
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On January 26, Nova Co. borrowed cash from Conrad Bank by issuing a 30-day note with a face amount of $45,600. Assume a 360-day year. What is the maturity value of the note?

a. $45,600
b. $46,000
c. $46,500
d. $47,000

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