Question
The Colorado Springs Sunshine Bank received the following note during 2019: Note Issue Date Principal Interest Rate Term #3 November 26 $12,000 8% 60 days
The Colorado Springs Sunshine Bank received the following note during 2019:
| Note | Issue Date | Principal | Interest Rate | Term |
| #3 | November 26 | $12,000 | 8% | 60 days |
Use a 360 day year for note 3. Round all calculations to the nearest whole dollar.
Format number answers with no dollar signs, commas or decimals. Format maturity date like MM/DD/YYYY, i.e. January 1, 2019 would be entered as 01/01/2019. Be sure to Include year of maturity in the maturity date.
Note 3 Maturity Value:
2019 Interest Revenue for Note 3 (interest accrual 12-31-19):
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How To Secure And Audit Oracle 10g And 11g
Authors: Ron Ben-Natan, Brian E. White, Paul R. Garvey
1st Edition
1420084127, 978-1420084122
