Homework Answers
| Interest | Maturity date | ||
| (a) | 80,000x6%x60/360 | 800 | August 9 |
| (b) | 50,000x7%x90/360 | 875 | October 12 |
| (c) | 12,000x8%x75/360 | 200 | July 11 |
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Compute interest and find the maturity date for the following notes. (Round answers to decimal places,...
Compute interest and find the maturity date for the following notes. (Round answers to 0 decimal...
Compute interest and find the maturity date for the following notes. (Round answers to 0 decimal places, eg. 825. Use 360 days for calculation.) Date of Note Principal Interest Rate (%) Terms June 10 $78,000 8% 60 days $47,200 9 % 90 days (b) (6) July 14 April 27 $12,000 10% 75 days Interest Maturity Date (a) $ (c) $
Your answer is partially correct. Compute interest and find the maturity date for the following notes....
Your answer is partially correct. Compute interest and find the maturity date for the following notes. (Round answers to O decimal places, e.g. 825. Use 360 days for calculation.) Date of Note Principal Interest Rate(%) Terms la) June 10 $80,000 60 days $50,000 90 days (b) (c) July 14 April 27 $12,000 8% 75 days Interest Maturity Date (ə) $ 1 August 9 %
Compute interest and find the maturity date for the following notes. (Round answers to O decimal...
Compute interest and find the maturity date for the following notes. (Round answers to O decimal places, e.g. 825. Use 360 days for calculation.) Date of Note Principal Interest Rate (%) Terms June 10 $87,900 ཆུ 8% 60 days (b) July 14 $55,600 9% 90 days April 27 $12,240 10% 75 days Interest Maturity Date
Compute interest and find the maturity date for the following notes. (Round answers to O decimal...
Compute interest and find the maturity date for the following notes. (Round answers to O decimal places, eg. 825) Date of Note Principal (a) ne 10 (b) July 14 (c) April 27 $ 84,110 54,900 $12,670 Interest Rate (%) 6% 7% 8% Terms 60 days 90 days 75 days Interest Maturity Date (a) $ August 9 (b) $ October 12 (c) $ July 11 eTextbook and Media List of Accounts
Compute interest and find the maturity date for the following notes. (Round answers to 0 decimal...
Compute interest and find the maturity date for the following notes. (Round answers to 0 decimal places, e.g. 825. Use 360 days for calculation.) Date of Note Principal Interest Rate (%) Terms (a) June 10 $75,600 6% 60 days (b) July 14 $48,400 7% 90 days (c) April 27 $12,840 8% 75 days Interest Maturity Date (a) $enter the amount of interest in dollars rounded to 0 decimal places select a maturity date ...
Compute interest and find the maturity date for the following notes. (Use 360 days for calculation.)...
Compute interest and find the maturity date for the following notes. (Use 360 days for calculation.) Date of Note Interest Rate (%) Principal Terms Interest Maturity Date a. June 10 $43,200 10% 60 days $ b. July 14 $36,000 11% 90 days $ C. April 27 $18,000 12% 75 days $ $ e Textbook and Media
Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of...
Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of the following notes: (Round to the nearest dollar.) Date of Interest Principal Rate Note Term 90 days $7,200 а. July 10 9% 5% 120 days b. April 25 12,000 7% 120 days C. May 19 11,200 45 days d. June 10 5,400 11% 75 days e. October 29 30,000 6%
Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of...
Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of the following notes: (Round to the nearest dollar.) Date of Interest Note Principal Rate Term a. July 10 $7,200 94 90 days b. April 25 12,000 5 120 days May 19 11,200 7% 120 days d June 10 5.400 1145 days e. October 29 30,000 6% 75 days Maturity Date Month Day Interest Check Previous Save Answers
Presented below are data on three promissory notes. Determine the missing amounts. (Round answers for Total...
Presented below are data on three promissory notes. Determine the missing amounts. (Round answers for Total Interest to 0 decimal places, e.g. 825. Round annual interest rate to O decimal places, e.g. 15%. Use 360 days for calculation.) Date of Note Terms Maturity Date Principal Annual Interest Rate Total Interest (a) April 1 60 days May 31 $750,000 8% $ (b) July 2 30 days August 1 84,000 $490 August 1 September 7 (c) March 7 6 months 150,000 9%...
Presented below are data on three promissory notes. Determine the missing amounts. (Round answers for Total Interest to...
Presented below are data on three promissory notes. Determine the missing amounts. (Round answers for Total Interest to 0 decimal places, e.g. 825. Round annual interest rate to 0 decimal places, e.g. 15%. Use 360 days for calculation.) Principal Date of Note Maturity Date Total Interest Terms Annual Interest Rate 60 days $510,000 14 % (a) April 1 May 31 30 days 81,600 $884 (b) July 2 July 31 6 months 166,000 15 % (c) March 7 September 1
Compute interest and find the maturity date for the following notes. (Round answers to 0 decimal places, eg. 825. Use 360 days for calculation.) Date of Note Principal Interest Rate (%) Terms June 10 $78,000 8% 60 days $47,200 9 % 90 days (b) (6) July 14 April 27 $12,000 10% 75 days Interest Maturity Date (a) $ (c) $
Your answer is partially correct. Compute interest and find the maturity date for the following notes. (Round answers to O decimal places, e.g. 825. Use 360 days for calculation.) Date of Note Principal Interest Rate(%) Terms la) June 10 $80,000 60 days $50,000 90 days (b) (c) July 14 April 27 $12,000 8% 75 days Interest Maturity Date (ə) $ 1 August 9 %
Compute interest and find the maturity date for the following notes. (Round answers to O decimal places, e.g. 825. Use 360 days for calculation.) Date of Note Principal Interest Rate (%) Terms June 10 $87,900 ཆུ 8% 60 days (b) July 14 $55,600 9% 90 days April 27 $12,240 10% 75 days Interest Maturity Date
Compute interest and find the maturity date for the following notes. (Round answers to O decimal places, eg. 825) Date of Note Principal (a) ne 10 (b) July 14 (c) April 27 $ 84,110 54,900 $12,670 Interest Rate (%) 6% 7% 8% Terms 60 days 90 days 75 days Interest Maturity Date (a) $ August 9 (b) $ October 12 (c) $ July 11 eTextbook and Media List of Accounts
Compute interest and find the maturity date for the following notes. (Use 360 days for calculation.) Date of Note Interest Rate (%) Principal Terms Interest Maturity Date a. June 10 $43,200 10% 60 days $ b. July 14 $36,000 11% 90 days $ C. April 27 $18,000 12% 75 days $ $ e Textbook and Media
Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of the following notes: (Round to the nearest dollar.) Date of Interest Principal Rate Note Term 90 days $7,200 а. July 10 9% 5% 120 days b. April 25 12,000 7% 120 days C. May 19 11,200 45 days d. June 10 5,400 11% 75 days e. October 29 30,000 6%
Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of the following notes: (Round to the nearest dollar.) Date of Interest Note Principal Rate Term a. July 10 $7,200 94 90 days b. April 25 12,000 5 120 days May 19 11,200 7% 120 days d June 10 5.400 1145 days e. October 29 30,000 6% 75 days Maturity Date Month Day Interest Check Previous Save Answers
Presented below are data on three promissory notes. Determine the missing amounts. (Round answers for Total Interest to 0 decimal places, e.g. 825. Round annual interest rate to O decimal places, e.g. 15%. Use 360 days for calculation.) Date of Note Terms Maturity Date Principal Annual Interest Rate Total Interest (a) April 1 60 days May 31 $750,000 8% $ (b) July 2 30 days August 1 84,000 $490 August 1 September 7 (c) March 7 6 months 150,000 9%...
Presented below are data on three promissory notes. Determine the missing amounts. (Round answers for Total Interest to 0 decimal places, e.g. 825. Round annual interest rate to 0 decimal places, e.g. 15%. Use 360 days for calculation.) Principal Date of Note Maturity Date Total Interest Terms Annual Interest Rate 60 days $510,000 14 % (a) April 1 May 31 30 days 81,600 $884 (b) July 2 July 31 6 months 166,000 15 % (c) March 7 September 1
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