If A 60-day note for 26000 dated dec 15 is received froma customer on account The face value of the note is what?

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1020259

2026-04-19 04:50

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The face value of the note is the amount specified on the note itself, which in this case is $26,000. This is the principal amount that the customer promises to pay at maturity, regardless of the interest that may accrue over the 60-day period. Therefore, the face value of the note is simply $26,000.

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