What is the maturity value of a 3-month, 14% note for $50,000? (Round your answer to the nearest dollar.)
A) $52,000
B) $57,000
C) $51,750
D) $50,000
C .($50,000 x 14%) x 3/12 = $1,750
$50,000 + $1,750 = $51,750
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