Answer the question about the promissory note given.-----------------------Promissory Note------------------------March 12Ninety days after date above, I promise to pay to the order of Thomas Ronney $780 dollars and no cents with interest at 11% per year, payable at Nations Bank Abercorn Branch.Due: June 10 Signed: Fred Nester--------------------------------------------------------------What is the maturity value of the note?

A. $865.80
B. 11% per year
C. $801.45
D. $780 and no cents


Answer: C

Mathematics

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