Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 05, 2024

Mr. Seniro issued a promissory note on May 8, 2020 to BPI amounting to Php 100 000 with interest at 6%. The due date is

Mr. Seniro issued a promissory note on May 8, 2020 to BPI amounting to Php 100 000 with interest at 6%. The due date is October 8, 2020. Determine the maturity value to be paid.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Dynamic Business Law

Authors: Nancy Kubasek, M. Neil Browne, Daniel Herron, Lucien Dhooge, Linda Barkacs

6th Edition

1260733971, 978-1260733976

More Books

Students also viewed these Finance questions

Question

★★★★★

A sample of size n = 19 has variance s2 = 1.96. At = .05 in a right-tailed test, does this sample contradict the hypothesis that 2 = 1.21?

Answered: 1 week ago

Question

★★★★★

The post-closing trial balance for Lee Co. follows. Lee Co. reports under ASPE. The subsidiary ledgers contain the following information: 1. Accounts Receivable?W. Karasch, $3,250; L. Cellars,...

Answered: 1 week ago

Question

★★★★★

Relationship Qualities Ask five women and five men to complete the following two statements: A true friend . and My ideal romantic partner . Ask all of the respondents to explain why they completed...

Answered: 1 week ago

Question

★★★★★

Create an entity-relationship diagram for a genealogy software package called PeopleTree to keep track of ancestors. Assume that each person will be on a Person table and that one person may have one...

Answered: 1 week ago

Question

★★★★★

can you help me the how many inventory units will decrease? 3.9 was wrong answer... $ 15,600 $ 600 7,560 $ 8,160 360 Income Statement Year Ended December 31, 20X1 Sales, 1,300 units at $12 Deduct...

Answered: 1 week ago

Question

★★★★★

Problem 2 ( 8 / 2 0 points ) . Train the perceptron to perform logical operation OR . The initial condition is W = [ 0 . 3 - 0 . 2 ] , = 0 . 2 , = 0 . 1 . The activation function is the step...

Answered: 1 week ago

Question

★★★★★

The data represent the cost, return on investment, and graduation rate for a random sample of fifty colleges or universities in the United States. The data is from payscale.com. The variable "Cost"...

Answered: 1 week ago

Question

★★★★★

Compute the increase in customer lifetime value (CLV) for a Rosewood patron under the proposed branding initiative. Your customer lifetime value analysis should use the Excel workbook (link posted...

Answered: 1 week ago

Question

★★★★★

A project manager is leading an agile team. The daily standups and iteration meetings are currently facilitated by the product owner. A team member contacts the project manager and mentions that they...

Answered: 1 week ago

Question

★★★★★

obin is filling out a performance review form for his employee, Sally, who has made more sales than anyone else in the department. Since Sally has very good sales skills, Robin rates Sally high...

Answered: 1 week ago

Question

★★★★★

Section Four 10 points Directions: Using your knowledge of contract formation and defenses, please review the following scenarios and state whether there is a valid contract, that is an offer,...

Answered: 1 week ago

Question

★★★★★

1. A business produces one product which requires the following inputs: Sales in unit 5.000.000 Selling price $0.50 Var.cost $0.30 Fixed cost $900.000.00 a. What is the number of units that the...

Answered: 1 week ago

Question

★★★★★

Which of the following are classed as application controls? (a) e-Commerce controls (b) Processing controls (c) Database controls (d) All of the above are classed as application controls.

Answered: 1 week ago

Question

★★★★★

An analytical review may involve identifying relationships: (a) by comparing this clients data for the current year with industry norms. (b) within the same client database for the current year. (c)...

Answered: 1 week ago

Question

★★★★★

Which of the following is not a test to detect schemes to fraudulently increase profit? (a) Looking for an abnormal number of credits issued in the last month of a financial year (b) Over-valuing or...

Answered: 1 week ago

Previous Question Next Question