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alculate the missing amount for each of the following notes receivable. Face Value $ $ 9,000 10,000 Annual Interest Rate 5% 6% Fraction of the Year 4 months months $ Interest

alculate the missing amount for each of the following notes receivable. Face Value $ $ 9,000 10,000 Annual Interest Rate 5% 6% Fraction of the Year 4 months months $ Interest

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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please answer this with explantion computation, formula for each   thanks answer in text 

 

 

Brief Exercise 5-16 (Algo) Calculate amounts related to interest (LO5-7) Calculate the missing amount for each of the following notes receivable. Face Value $ $ $ 9,000 10,000 15,000 Annual Interest Rate 5% 6% % 8 % Fraction of the Year 4 months months 6 months 6 months $ $ $ Interest 600 750 500
Transcribed Image Text:Brief Exercise 5-16 (Algo) Calculate amounts related to interest (LO5-7) Calculate the missing amount for each of the following notes receivable. Face Value $ $ $ 9,000 10,000 15,000 Annual Interest Rate 5% 6% % 8 % Fraction of the Year 4 months months 6 months 6 months $ $ $ Interest 600 750 500
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