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Indicate the maturity date of each of the following promissory notes: Date of Note Terms Maturity...
Date Issued Term of the Note Due Date 1. January 1 30 days __________ 2. January...
Date Issued Term of the Note Due Date 1. January 1 30 days __________ 2. January 15 30 days __________ 3. March 20 60 days __________ 4. March 20 3 months __________ 5. June 18 90 days __________ Compute the amount of accrued interest on the following notes: Principal Interest Rate Time Accrued Interest 6. $7,800 9.0% 75 days __________ 7. 3,600 12.5% 45 days __________ 8. 2,700 9.9% 90 days __________ 9. 4,300 6.2% 6 months...
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
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%
Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for...
Presented below are data on three promissory notes.
Determine the missing amounts. (Use 360 days for
calculation. Do not round intermediate
calculations.)
Date of Note
Terms
Maturity
Date
Principal
Annual
Interest Rate
Total
Interest
a.
April 1
60 days
$900,000
5
%
$
b.
July 2
30 days
78,000
%
$520
c.
March 7
6 months
129,800
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
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%...
Brief Exercise 8-8 Presented below are data on three promissory notes. Determine the missing amounts. (Round...
Brief Exercise 8-8 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 an Date of Note Terms Maturity Date Principal Annual Interest Rate Total Interest 60 days (a) April 1 $648,000 9 % 30 days (b) July 2 $682 90,920 % (c) March 7 6 months 113,270 10 %
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 O 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 $610,000 15% $ (b) July 2 30 days 84,000 $980 March 7 6 months 110,000 16% $
Determine the maturity date and compute interest for each note. (Use 360 days a year. Do...
Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) Note 1. Interest Rate Contract Date Principal March 13 $21,000 May 05 27,000 October 20,000 5$ Period of Note (Term) 60 days 90 days 45 days 24 Maturity Month Maturity Date Interest Expenses Contract Date 1. March 13 2. May 05 3. October 24
Determine the maturity date and compute interest for each note. (Use 360 days a year. Do...
Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) Note Contract Date March 1 May 15 October 20 Principal $10,000 15,000 8,000 Interest Period of Note Rate (Term 60 days 90 days 45 days Contract Date Maturity Month - Maturity Date Interest Expenses 1. March 1 2. May 15 3. October 20
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
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%
Presented below are data on three promissory notes.
Determine the missing amounts. (Use 360 days for
calculation. Do not round intermediate
calculations.)
Date of Note
Terms
Maturity
Date
Principal
Annual
Interest Rate
Total
Interest
a.
April 1
60 days
$900,000
5
%
$
b.
July 2
30 days
78,000
%
$520
c.
March 7
6 months
129,800
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
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%...
Brief Exercise 8-8 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 an Date of Note Terms Maturity Date Principal Annual Interest Rate Total Interest 60 days (a) April 1 $648,000 9 % 30 days (b) July 2 $682 90,920 % (c) March 7 6 months 113,270 10 %
Presented below are data on three promissory notes. Determine the missing amounts. (Round answers for Total Interest to O 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 $610,000 15% $ (b) July 2 30 days 84,000 $980 March 7 6 months 110,000 16% $
Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) Note 1. Interest Rate Contract Date Principal March 13 $21,000 May 05 27,000 October 20,000 5$ Period of Note (Term) 60 days 90 days 45 days 24 Maturity Month Maturity Date Interest Expenses Contract Date 1. March 13 2. May 05 3. October 24
Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) Note Contract Date March 1 May 15 October 20 Principal $10,000 15,000 8,000 Interest Period of Note Rate (Term 60 days 90 days 45 days Contract Date Maturity Month - Maturity Date Interest Expenses 1. March 1 2. May 15 3. October 20
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