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 915 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?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Young male Pacific Walruses on Cape Pierce in Alaska. Note the variation in the curvature and orient Young male Pacific Walruses on Cape Pierce in Alaska. Note the variation in the curvature and orient
The basalt below the hominins is dated to 1.8 million years ago, and the geomagnetic polarity of the The basalt below the hominins is dated to 1.8 million years ago, and the geomagnetic polarity of the
How to calculate present value (Question 1) How to calculate present value (Question 1)
How to calculate simple interest (Part 1) How to calculate simple interest (Part 1)
A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ... A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ...
Easter story kids March 20 2024 Easter story kids March 20 2024
Video: How does an animal choose what food to eat?

For a complete list of videos, visit our video library