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Date of Note Terms Maturity Date Principal Annual Interest Rate Total Interest (a) April 1 60 days select a maturity date May 30May 31June 1July
| Date of Note | Terms | Maturity Date | Principal | Annual Interest Rate | Total Interest | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (a) | April 1 | 60 days | select a maturity date May 30May 31June 1July 31August 1August 2August 3September 6September 7September 8 | $ 860,400 | 5 | % | $ enter a dollar amount | ||||||
| (b) | July 2 | 30 days | select a maturity date May 30May 31June 1July 31August 1August 2August 3September 6September 7September 8 | 64,800 | enter percentages | % | $ 540 | ||||||
| (c) | March 7 | 6 months | select a maturity date May 30May 31June 1July 31August 1August 2August 3September 6September 7September 8 | 140,400 | 9 | % | $ enter a dollar amount | ||||||
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
111919167X, 9781119191674
