Compute interest and find the maturity date for the following notes. Hint: Omit the date the note
Fantastic news! We've Found the answer you've been seeking!
Question:
Compute interest and find the maturity date for the following notes. Hint: Omit the date the note is issued but include the due date.
Date of Note | Principal | Interest Rate (%) | Terms | |||||
---|---|---|---|---|---|---|---|---|
(a) | June 10 | $84,100 | 6% | 60 days | ||||
(b) | July 14 | $53,600 | 7% | 90 days | ||||
(c) | April 27 | $12,600 | 8% | 75 days |
Posted Date: