A $9,440 note is signed, for 100 days, at a discount rate of 9.5%. Find the proceeds. A) $9,190.89 B) $8,543.20 C) $9,440.00 D) $9,194.30
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- Kindly help me with accounting questionsThe interest on a $ 21000, 6%, 60-day note receivable is (Use 360 days for calculation.) $ 210. $ 630. $ 420. $ 1260.Select the correct answer and explain What is the discount to a promissory note with a face value of $ 27,350? Consider that it is negotiated with the 6.25% annual simple discount, five months before expiring. a. $ 701.25 b. $ 721.66 c. $ 680.00 d. $ 712.21
- Give true solution for this accounting questionCalculate the amount of interest to be charged on a $12,000, 8.5%, 90-day interest-bearing note.A company issued a 60 day 11% note for $17,000. What is the principal amount of the note? Round your answer to the nearest dollar. A) $16,688 B) $17,000 C) $18,870 D) $17,312 
- A 60-day, 12% note for $38,400, dated May 1, is received from a customer on account. The maturity value of the note is a.$39,168 b.$768 c.$43,008 d.$38,400Please see below. I really need help with this asap. Please include relevant terms and dates as needed.A 60-day, 5% note for $7,200, dated April 15 is received from a customer on account. The face value of the note is the one listed below. Select the correct answer. $7,560 $7,200 $360 $7,260