EX 8-19Determine due date and interest on notesDetermine the due date and the amount of interest due at maturity on the followingnotes dated in 2016:TTIDate of NoteFace AmountInterest RateTerm of NoteJanuary 3*February 20*May 24August 30October 4120 days30 days45 days90 daysa.$80,0006%b.27,000C.62,500d.30,00040,000790 dayse.* February 2016 has 29 days.

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EX 8-19 Determine Determine the due date and the amount of interest due at maturity on the following notes dated in 2016: Date of Note Term of Note ETTI Face Amount Interest Rate January 3* February 20* May 24 August 30 October 4 120 days 30 days 45 days 90 days a. $80,000 6% b. 27,000 4 62,500 30,000 C. d. 5 40,000 90 days e. * February 2016 has 29 days.

EX 8-19 Determine Determine the due date and the amount of interest due at maturity on the following notes dated in 2016: Date of Note Term of Note ETTI Face Amount Interest Rate January 3* February 20* May 24 August 30 October 4 120 days 30 days 45 days 90 days a. $80,000 6% b. 27,000 4 62,500 30,000 C. d. 5 40,000 90 days e. * February 2016 has 29 days.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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