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Compute interest and find the maturity date for the following notes. (Use 360 days for calculation.) Date of Note Principal Interest Rate (%) Terms Interest
Compute interest and find the maturity date for the following notes. (Use 360 days for calculation.)
| Date of Note | Principal | Interest Rate (%) | Terms | Interest | Maturity Date | |||||||
| a. | June 10 | $99,000 | 4% | 60 days | $ | |||||||
| b. | July 14 | $72,000 | 5% | 90 days | $ | |||||||
| c. | April 27 | $24,000 | 6% | 75 days | $ |
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EDI Security Control And Audit
Authors: Albert J. Marcella Jr, Sally Chan, John Merriam
1st Edition
0890066108, 978-0890066102
