What is the maturity value of the note

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Reference no: EM13914129

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

Reference no: EM13914129

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