Maurice Tutor

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Category > Accounting Posted 25 Sep 2017 My Price 3.00

amount of interest

EX 8-19 Determine due date and interest on notes

Determine the due date and the amount of interest due at maturity on the following notes dated in 2014:

Date of Note

Face Amount

Interest Rate

Term of Note

January 22

$55,000

8%

90 days

March 9

36,000

5

60 days

June 15

78,000

4

45 days

September 4

13,800

7

60 days

October 1

58,000

6

120 days

 

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Maurice Tutor
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Status NEW Posted 25 Sep 2017 10:09 PM My Price 3.00

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