A company borrowed 10,000 by signing a 180-day promissory note at 9%. The maturity value of the note is what?
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- A customer takes out a loan of $130,000 on January 1, with a maturity date of 36 months, and an annual interest rate of 11%. If 6 months have passed since note establishment, what would be the recorded interest figure at that time? A. $7,150 B. $65,000 C. $14,300 D. $2,383If the company accepted a Notes Receivable on Oct 1, X1 for $60,000 at 8%, due in one year, what is the Maturity value?Assume that a bank has lent a firm a P 200,000 for 60 days at 10% interest. The loan is discounted, and the bank requires a 20% compensating balance. What is the effective annual rate?
- A company borrowed $10,000 by signing a 180-day promissory note at 11%. The maturity value of the note is: (Use 360 days a year.)-The amount of P20,000.00 was borrowed from a lending investor at an interest rate of 5% per month. How the interest is he going to pay at the end of 10months? -Determine the exact simple interest of P5,000 for the period of Jan 15 to Nov 28, if the rate of interest is 22%?A business issued a 45-day, 6% note for $210,000 to a creditor. Principal and interest are payable at maturity. How is maturity value calculated in this case? What is the maturity value of the note?
- What is the maturity value of the note on these financial accounting question?Provide answer Accounting questionsYour year end is December 31. You lent $120,000 to another company on Oct 1. If the interest rate is 4%, what is the amount of interest receivable for the current year (rounded to the nearest whole dollar)?
- Your business requests a 3-month loan for $450,000. What will be the interest paid at the end of the term if the business risk percentage is assessed at 2.2% and LIBOR is at 1.8%? interest paid = $ [?] Round to the nearest hundredth. EnterAccounting for Current Liabilities A note payable is issued for a face value of $100,000. The interest is 8% and the note is for 12 months. What is the cash flow impact to the issuer at the maturity of the note payable?An investor purchases a 90-day bank bill with a face value of $1 million at 4.88%. Calculate the capital gain or loss (in $) from their investment if the bill is sold 10 days later at 4.55%.