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

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 658 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

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

Dominic

  • Sr. Member
  • ****
  • Posts: 328
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 25% of students answer this correctly


Lakber Mand

  • Newbie
  • *
  • Posts: 3
Reply #2 on: Mar 9, 2022
Thank You


« previous next »
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

20,000 year old spotted hyena painting from the Chauvet Cave, France 20,000 year old spotted hyena painting from the Chauvet Cave, France
Bones of the Face and Skull (Lateral View) Bones of the Face and Skull (Lateral View)
Moth face Moth face
Available Fresh Water per year Available Fresh Water per year
AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ... AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ...
Video: Introduction to Breast Cancer

For a complete list of videos, visit our video library