Determine the maturity date and compute the interest for the following note payable with add- on interest: Date of Note Principal Interest Rate (%) Term Sep-15 1,200 8% 75 days
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- Can you please answer the financial accounting question?Determine the due date and amount of interest due at maturity on the following notes Origination Face amount Tern of Note Interest rate Maturity Interest Date a Mar 15 8,000 60days 9%Calculate the due date, interest due, and maturity value of the following notes: Date of Note Face Amount Interest Rate Term of Note Due Date Interest Due Maturity Value a. 24-Apr $70,000 3% 60 days b. 13-Jul 30,000 5% 120 days c. 9-Aug 40,000 4% 45 days d. 12-Sep 60,000 8% 90 days e. 5-Nov 50,000 6% 30 days
- Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note Due Date Interest (1) Jun 1 $20,000 3% 40 days (2) June 30 9,000 3% 180 days (3) March 30 12,000 5% 45 days (4) March 1 10,000 5% 60 days (5) January 15 8,000 4% 60 daysPlease provide an answer as per the possibilityCompute the maturity value as indicated for each of the following notes receivable. A. A $9,000, 6%, 3-month note dated July 20. Maturity value $____________. B. A $16,000, 9%, 150-day note dated August 5. Maturity value $____________.
- provide correct answer pleaseCompute interest and find the maturity date for the following notes. (a) date of note: June 10 Principal: $80,000 Interest Rate: 6% Term: 60 days (b) Date of Note: July 14 Principal: $50,000 Interest Rate: 7% Term: 90 days (c) Date of Note: April 27 Principal:$12,000 Interest Rate: 8% Term: 75 daysGeneral accounting.Solving this
- 1. For each note below, calculate and record the maturity date and interest. No. of Note Date of Note 1 Mar. 5 2 Mar. 16 3 Apr. 12 4 May 9 Principal Interest Rate Time of Note Maturity Date $700.00 14% 180 days 10% 120 days 11% 90 days 12% 60 days $1,500.00 $650.00 $1,800.00 InterestCompute interest and find the maturity date for the following notes. (Use 360 days for calculation.) Date of Interest Note Principal Rate (%) Terms Interest Maturity Date June 10 $180,000 4% 60 days 24 a. b. July 14 $136,800 5% 90 days 24 April 27 $30,000 6% 75 days C. %24Determine the due date and the amount of interest due at maturity on the following notes:
