Assuming a 360-day year, when a $11,918, 90-day, 10% interest-bearing note payable matures, total payment will be a.$13,110 b.$1,192 c.$298 d.$12,216

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Assuming a 360-day year, when a $11,918, 90-day, 10% interest-bearing note payable matures, total payment will be

a.$13,110
b.$1,192
c.$298
d.$12,216 
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