Homework Answers
Note. Due date. Interest
A. 7th may. $2111
B. 3rd april. $92
C. 6th july. $480
D. 21st nov. $714
E. 20th jan. $767
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c. Determine due date and interest on notes Determine the due date and the amount of...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note January 5 120 days $92,000 6% а. b. February 15 18,000 4 30 days 65,000 45 days May 19 8 C. 33,600 d. August 20 90 days 90 days October 19 46,000 7 е. Assume a leap year in which February has 29 days. Assume 360 days...
4 Determine Due Date and Interest on Notes Determine the due date and the amount of...
4 Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note a. January 5* $98,000 6% 120 days b. February 15* 18,000 30 days May 19 67,000 45 days d. August 20 33,600 5 90 days October 19 50,000 90 days Assume a leap year in which February has 29 days. Assume 360 days in a year...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note a. January 5 * $90,000 6% 120 days b. February 15 * 21,000 4 30 days c. May 19 68,000 8 45 days d. August 20 34,400 5 90 days e. October 19 50,000 7 90 days * Assume a leap year in which February has 29...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the follo...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note $90,000 120 days a. January 5* b. February 15 * C. May 19 30 days 21,000 68,000 45 days d. August 20 34,400 90 days e. October 19 50,000 90 days * Assume a leap year in which February has 29 days. Assume 360 days in a...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes Date of Note Face Amount Interest Rate a. January 10 $40,000 b. March 19 18,000 c. June 5 90,000 d. September 8 36,000 e. November 20 27,000 *Assume that February has 28 days. Assume 360-days in a year when computing the interest. Note Due Date Interest (a) Apr. 10 Sept. 15 Term of Note 90 days 180...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note a. January 10* $40,000 5% 90 days b. March 19 1 8,000 8 180 days c. June 5 90,000 30 days d. September 8 36,000 3 90 days e. November 20 27,000 4 60 days *Assume that February has 28 days. in om Assume 360-days in a...
EX 8-19 Determine due date and interest on notes Obj. 6 Determine the due date and the amount of interest due at ma...
EX 8-19 Determine due date and interest on notes Obj. 6 Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note January 5* $90,000 6% 120 days February 15* 21,000 30 days May 19 68,000 45 days August 20 34,400 90 days October 19 50,000 90 days * Assume a leap year in which February has 29 days. Trouda
Determine Due Date and Interest on Notes Determine the due date and the amount of interest...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes. When calculating interest amounts, assume there are 360 days in a year. Round intermediate calculations to 4 decimal places, and round your final answers to the nearest whole dollar. Date of Note Face Amount Interest Rate Term of Note a. January 15 $100,955 7 % 30 days b. April 1 11,345 7 90 days C. June 22...
1) 2) 3) Determine Due Date and Interest on Notes Determine the due date and the...
1)
2)
3)
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note $40,000 a. January 10* b. March 19 18,000 90 days 180 days 30 days 90 days 90,000 c. June 5 d. September 8 36,000 27,000 e. November 20 60 days *Assume that February has 28 days. Assume 360-days in a year when computing the...
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%
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note January 5 120 days $92,000 6% а. b. February 15 18,000 4 30 days 65,000 45 days May 19 8 C. 33,600 d. August 20 90 days 90 days October 19 46,000 7 е. Assume a leap year in which February has 29 days. Assume 360 days...
4 Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note a. January 5* $98,000 6% 120 days b. February 15* 18,000 30 days May 19 67,000 45 days d. August 20 33,600 5 90 days October 19 50,000 90 days Assume a leap year in which February has 29 days. Assume 360 days in a year...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note $90,000 120 days a. January 5* b. February 15 * C. May 19 30 days 21,000 68,000 45 days d. August 20 34,400 90 days e. October 19 50,000 90 days * Assume a leap year in which February has 29 days. Assume 360 days in a...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes Date of Note Face Amount Interest Rate a. January 10 $40,000 b. March 19 18,000 c. June 5 90,000 d. September 8 36,000 e. November 20 27,000 *Assume that February has 28 days. Assume 360-days in a year when computing the interest. Note Due Date Interest (a) Apr. 10 Sept. 15 Term of Note 90 days 180...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note a. January 10* $40,000 5% 90 days b. March 19 1 8,000 8 180 days c. June 5 90,000 30 days d. September 8 36,000 3 90 days e. November 20 27,000 4 60 days *Assume that February has 28 days. in om Assume 360-days in a...
EX 8-19 Determine due date and interest on notes Obj. 6 Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note January 5* $90,000 6% 120 days February 15* 21,000 30 days May 19 68,000 45 days August 20 34,400 90 days October 19 50,000 90 days * Assume a leap year in which February has 29 days. Trouda
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes. When calculating interest amounts, assume there are 360 days in a year. Round intermediate calculations to 4 decimal places, and round your final answers to the nearest whole dollar. Date of Note Face Amount Interest Rate Term of Note a. January 15 $100,955 7 % 30 days b. April 1 11,345 7 90 days C. June 22...
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2)
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Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note $40,000 a. January 10* b. March 19 18,000 90 days 180 days 30 days 90 days 90,000 c. June 5 d. September 8 36,000 27,000 e. November 20 60 days *Assume that February has 28 days. Assume 360-days in a year when computing the...
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%
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