A Company Borrows $10,000 from the Bank at 10% Interest

Question 126
Multiple Choice

A company borrows $10,000 from the bank at 10% interest for sixty days.$10,000 is the ________ of the note.The maturity value of the note is ________. A)maturity value; 10,164 B)present value; 10,000 C)future value; 10,000 D)principal; $10,164