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TB MC Qu.8-157(Static) On the maturity date of a... On the maturity date...

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Accounting

TB MC Qu.8-157(Static) On the maturity date of a...
On the maturity date of a $10,000,3-month, 8% note, the borrower sends a check that includes the principal and all the interest due on the note. What is the amount of the borrower's check?
Multiple Choice
$10,600
$10,800
$10,200
$10,000

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