Question
The question is: Keesha Co. borrows 200,000 cash on November 1, 2015 by signing a 90 day, 9% note with a face value of 200,000.
The question is: Keesha Co. borrows 200,000 cash on November 1, 2015 by signing a 90 day, 9% note with a face value of 200,000. on what date does this note mature (assume that February of 2015 has 28 days. I'm not sure why February is mentioned because the note matures on January 30th. Did I get the answer wrong?
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Advanced Financial Accounting
Authors: Richard Baker, Valdean Lembke, Thomas King, Cynthia Jeffrey
8th Edition
73526916, 978-0073526911
