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Compute interest and find the maturity date for the following notes. (Round answers to 0 decimal places, e.g. 825. Use 360 days for calculation.) Date
Compute interest and find the maturity date for the following notes. (Round answers to 0 decimal places, e.g. 825. Use 360 days for calculation.)
| Date of Note | Principal | Interest Rate (%) | Terms | |||||
|---|---|---|---|---|---|---|---|---|
| (a) | June 10 | $84,600 | 8% | 60 days | ||||
| (b) | July 14 | $53,600 | 9% | 90 days | ||||
| (c) | April 27 | $12,720 | 10% | 75 days |
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Auditing Principles And Techniques
Authors: Prof. A.R. Solanki
1st Edition
9350533979, 9789350533970
