A $25,000, 12%, 3-month, note payable is issued on July 15 . The maturity value of the note is:

a. $25,000
b. $750
c. $25,750
d. $2,000
e. none of the above.


c

Business

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An employer creates a safety team of 6 employees who are asked to recommend changes to the workplace that will reduce accident rates. The team recommends eliminating a job rotation program that allows the employer to move employees in and out of various jobs on an as-needed basis.

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The simple interest rate includes any fees charged by the creditor

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