ON MAY 5, CARSON CO. ISSUED A $94,300, 8%, 90-DAY NOTE PAYABLE. ASSUMING A 360-DAY YEAR, WHAT IS THE MATURITY VALUE OF THE NOTE?
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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. $2,383On June 8, Alton Co. issued an $73,184, 9%, 120-day note payable to Seller Co. Assuming a 360-day year for your calculations, what is the maturity value of the note? When required, round your answer to the nearest dollar.On June 8, Williams Company issued an $73,207, 7%, 120-day note payable to Brown Industries. Assuming a 360-day year for your calculations, what is the maturity value of the note? When required, round your answer to the nearest dollar.
- On June 8, Williams Company issued an $92,400, 11%, 120-day note payable to Brown Industries. Assuming a 360-day year, what is the maturity value of the note? Round your answer to the nearest whole dollar.What is the maturity value of the note?What is the maturity value of the note on these general accounting question?
- On June 8, Williams Company issued an $70,538, 11%, 120-day note payable to Brown Industries. Assuming a 360-day year, what is the maturity value of the note? When required, round your answer to the nearest dollar. a. $70,538 b. $73,124 c. $7,759 d. $78,297What is the maturity value of the note on these financial accounting question?On September 10, Pillsbury Manufacturing Co. issued a $65,500, 8%, 90-day note payable to Everest Suppliers Inc. assuming a 360- day year, what is the maturity value of the note?
- On June 8, Alton Co. issued an $79,432, 10%, 120-day note payable to Seller Co. Assuming a 360-day year for your calculations, what is the maturity value of the note? When required, round your answer to the nearest dollar. Select the correct answer. $79,432 $7,943 $87,375 $82,080What is the maturity value of the note ?On June 8, Williams Company issued an $75,972, 6%, 120-day note payable to Brown Industries. Assuming a 360-day year, what is the maturity value of the note? When Ⓒ required, round your answer to the nearest dollar. O a. $75,972 Ob. $77,491 Oc. $80,530 Od. $4,558 Next
