Question
PLEASE HELP I NEED THIS FOR MY FINANCE CLASS ASAP Calculate the interest and maturity value of each of the following notes assuming ordinary interest
PLEASE HELP I NEED THIS FOR MY FINANCE CLASS ASAP Calculate the interest and maturity value of each of the following notes assuming ordinary interest terms:
1) $10,000, 6% interest, due in 90 days
2) $700,000, 8% interest, due in 150 days
3) 48,000, 3% interest, due in 18 months
Determine the due date for the following notes:
1) Issue date May 1, due in 45 days
2) Issue date Sept 16, due in 60 days
3) Issue date Dec 1, due in 150 days
Calculate the interest and maturity value of each of the following notes assuming exact interest terms:
1) $18,000, 7.5% interest, due in 60 days
2) $75,000, 4.0% interest, due in 120 days
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