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Brief Exercise 9-9 Compute interest and find the maturity date for the following notes. (Use 360 days for calculatio Date of Note Principal Interest Rate
Brief Exercise 9-9 Compute interest and find the maturity date for the following notes. (Use 360 days for calculatio Date of Note Principal Interest Rate (%) Terms Interest Maturity Date (a) June 10 $169,200 6% 60 days 1692 $ V August 9 (b) July 14 $141,200 7% 90 days $ October 12 (c) April 27 $18,000 8% 75 days $ July 11 v Click if you would like to Show Work for this question: Open Show Work Brief Exercise 9-10 Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation.) Maturity Date Annual Interest Rate Total Interest Date of Note Terms Principal (a) April 1 60 days $676,200 5 % $ 30 days (b) July 2 V 88,500 $590 % (c) March 7 6 months 126,600 10 % Click if you would like to Show Work for this question: Open Show Work Brief Exercise 187 Compute the maturity value as indicated for each of the following notes receivable. 1. A $5,000, 6%, 3-month note dated July 20. Maturity value $ 2. A $12,000, 9%, 150-day note dated August 5. Maturity value $ Click if you would like to Show Work for this question: Open Show Work
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