This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Calculate the legal due date of a $600.00, 120 day note with interest at 5% dated March 2, 2014. (Read 914 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
on: Jun 6, 2019

Question 1

You borrowed $4600 at 9.1% per annum calculated on the unpaid monthly balance and agree to repay the principal together with interest in monthly payments of $1050 each. Construct a complete repayment schedule.

Question 2

Calculate the legal due date of a $600.00, 120 day note with interest at 5% dated March 2, 2014.
◦ July 2
◦ July 3
◦ June 30
◦ July 31
◦ July 5
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Kikoku on Jun 6, 2019

sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


Kikoku

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jun 6, 2019
Thank you!


sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
Reply #3 on: Jun 6, 2019
Always glad to help...


pratik more

  • Newbie
  • *
  • Posts: 2
Reply #4 on: Aug 15, 2020
Thank you


Surjit Singh Deol

  • Newbie
  • *
  • Posts: 1
Reply #5 on: Jul 20, 2021
Tha ks


« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Note the tumor visualized with the use of a colonoscope. Note the tumor visualized with the use of a colonoscope.
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
How to calculate annuity when compounded quarterly (Part 2) How to calculate annuity when compounded quarterly (Part 2)
How to calculate the mean for grouped data How to calculate the mean for grouped data
The treasurer of a union proposes changing the method of compounding interest on premium ... The treasurer of a union proposes changing the method of compounding interest on premium ...
The Vertebral Column. Note the Four Curvatures of the Spine in the Right Lateral View The Vertebral Column. Note the Four Curvatures of the Spine in the Right Lateral View
Video: Role of transport in a cell

For a complete list of videos, visit our video library