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Author Question: A promissory note has a face value of $1725 and it has a date of issue of October 1 this year. The ... (Read 350 times)

wenmo

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on: Jun 6, 2019

Question 1

Calculate the legal due date of a $10 000, 120-day note with interest at 4.56% dated March 31, 2012.
◦ August 2
◦ July 29
◦ July 28
◦ August 3
◦ August 1

Question 2

A promissory note has a face value of $1725 and it has a date of issue of October 1 this year. The term is for 4 months. The rate of interest is 6.13%. What is the legal due date of the promissory note?
◦ Feb. 4
◦ Feb. 5
◦ Feb. 3
◦ Feb. 2
◦ Feb. 1
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by wenmo on Jun 6, 2019

Dominic

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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.
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Lakber Mand

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Reply #2 on: Mar 9, 2022
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