The maturity value of a $75,000, 8%, 90-day note receivable dated March 15 is: A) $75,000 B) $76,500 C) $81,000 D) $85,500
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- Assuming a 360-day year, when a $11,200, 90-day, 5% interest-bearing note payable matures, the total payment will be Oa. $560 Ob. $140 Oc. $11,760 Od. $11,340 0 0 0 0If the company accepted a Notes Receivable on Oct 1, X1 for $60,000 at 8%, due in one year, what is the Maturity value?Assuming a 360-day year, when a $16,098, 90-day, 8% interest-bearing note payable matures, total payment will be
- Assuming a 360-day year, when a $14, 000, 90 - day, 12% interest - bearing note payable matures, the total payment will be a. $14, 420 b. $420 c. $1,680 d. $15, 680Assuming a 360-day year, when a $12,919, 90-day, 6% interest-bearing note payable matures, total payment will amount to:The maturity value of a $67200, 6%, 9-month note receivable is
- A nine months, 15% note for $9000 dated April 15 is reciebed for a customer. The maturity value of the note is what?What is the maturity value of a $30,000, 12%, six-month note?a. $28,200b. $33,600c. $30,000d. $31,800A 60-day, 9% note for $10,000, dated May 1, is received from a customer on account. Use 30 day months and 360 day years in calculations of interest. The maturity value of the note is:
- Assuming a 360-day year, when a $14,700, 90-day, 12% interest-bearing note payable matures, total payment will be ______ .Round your answer to the nearest whole dollar. a.$1,764 b.$15,141 c.$441 d.$16,464Determine the maturity date, interest at maturity, and maturity value for a 90-day, 10 percent, $36,000 note from Felasco Corporation dated February 15. (Round to the nearest cent.) You must show your workThe face value of a ten month, 7.3% note dated February 28, 2006, is $1419 85 Determine each of the tems isted below Ignore any grace period (a) the legal due dato (b) the interest period (in days) (c) the amount of interest (d) the maturity value (a) The legal due date is February 28 2006 (b) The interest period is 304 days. (Type a whole number.) (e) The amount of interest is payable is S (Round the final answer to the nearest cent as needed. Round al intermediate values to sox decimal places as needed) (d) The maturity value of the note is (Round the final answer to the nearest cent as needed Round all intermediate values to sox decimal places as needed)