Question
Interest Maturity Date (a)$ June 30July 1July 10July 11July 12July 31August 1August 8August 9August 10September 30October 1October 11October 12October 13 (b)$ June 30July 1July 10July
Interest
Maturity Date
(a)$
June 30July 1July 10July 11July 12July 31August 1August 8August 9August 10September 30October 1October 11October 12October 13
(b)$
June 30July 1July 10July 11July 12July 31August 1August 8August 9August 10September 30October 1October 11October 12October 13
(c)$
June 30July 1July 10July 11July 12July 31August 1August 8August 9August 10September 30October 1October 11October 12October 13
our answer is partially correct. Try again. Compute interest and find the maturity date for the following notes. (Round answers to 0 decimal places, e.g. 825) Date of Note Principal Interest Rate (%) Terms (a) June 10 $85,330 7% 60 days (b) July 14 $49,400 8% 90 days (c) April 27 $11,640 9% 75 days Interest (a) Maturity Date $ x991.534 (b) $ 988 (c) $ 217.9008 June 30July 1July 10July 11July 12July 31August 1August 8August 9August 10September 30October 1October 11October 12October 13 June 30July 1July 10July 11July 12July 31August 1August 8August 9August 10September 30October 1October 11October 12October 13 June 30July 1July 10July 11July 12July 31August 1August 8August 9August 10September 30October 1October 11October 12October 13
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
