takeAssignment/takeAssignmentMain.do?invoker=assignments&takeAssignmentSessionLocator=Dassignment-take&inpro... Q еBook Show Me How Determine Due Date and Interest on Notes 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 a. January 10* $40,000 5% 90 days b. March 19 18,000 8. 180 days C. June 5 90,000 7 30 days d. September 8 36,000 3 90 days е. November 20 27,000 4 60 days *Assume that February has 28 days. Assume 360-days in a year when computing the interest. Note Due Date Interest (a) (b) (c) (d) (e) Check My Work Previous Next 31 回ヨ

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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apter Nine
Determine Due Date and Interest on Notes
.09-03.BLANKSHEET
Determine the due date and the amount of interest due at maturity on the following notes:
L09-04.BLANKSHEET
Date of Note
Face Amount
Interest Rate
Term of Note
09-03.ALGO
January 10*
$40,000
90 days
a.
b.
March 19
180 days
000
8.
09-04.ALGO
June 5
30 days
000'06
d.
September 8
90 days
90-60
3.
000'9E
e.
November 20
60 days
9-11
4.
000'
*Assume that February has 28 days.
9-12
Assume 360-days in a year when computing the interest.
-19
Note
Due Date
Interest
>
-20
(2)
(b)
9-22
-24
(p)
(a)
890-
8/12 items
Check My Work
( Previous
Next
LE
V O 10:
N
Transcribed Image Text:同 Mail - Edjouline X Bb Content- ACG2 X CengageNOWv X (58) YouTube + Microsoft Office X PowerPoint from Towards a A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker%=Dassignments&takeAssignmentSessionLocator=assignment-take&inpro. of mail YouTube Maps eBook Show Me How apter Nine Determine Due Date and Interest on Notes .09-03.BLANKSHEET Determine the due date and the amount of interest due at maturity on the following notes: L09-04.BLANKSHEET Date of Note Face Amount Interest Rate Term of Note 09-03.ALGO January 10* $40,000 90 days a. b. March 19 180 days 000 8. 09-04.ALGO June 5 30 days 000'06 d. September 8 90 days 90-60 3. 000'9E e. November 20 60 days 9-11 4. 000' *Assume that February has 28 days. 9-12 Assume 360-days in a year when computing the interest. -19 Note Due Date Interest > -20 (2) (b) 9-22 -24 (p) (a) 890- 8/12 items Check My Work ( Previous Next LE V O 10: N
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