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A $60,000, 120-day, 9% note is dated April 30, 2016. The maturity date and maturity...

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Accounting

A $60,000, 120-day, 9% note is dated April 30, 2016. The maturity date and maturity value of the note are, respectively:

Select one:

A. August 28, 2016; $1,920

B. August 28, 2016; $61,800

C. September 1, 2016; $65,920

D. August 31, 2016; $65,920

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