This posting addresses due dates and interest on notes.
Not what you're looking for?
Determine due date & interest on notes:
date of note face amount interest rate term of note
a. oct.1 $10,500 8% 60 days
b. aug.30 18,000 10 120 days
c.may 30 12,000 12 90 days
d. march 6 15,000 9 60 days
e. may 23 9,000 10 60 days
Purchase this Solution
Solution Summary
The solution provides the exact calculations for the due dates and interest rate on the five notes.
Solution Preview
Due Dates:
a. 11/29
b. 12/29
c. 8/28
d. 5/5
e. 7/22
Interest: ...
Purchase this Solution
Free BrainMass Quizzes
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Paradigms and Frameworks of Management Research
This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.
Operations Management
This quiz tests a student's knowledge about Operations Management
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Lean your Process
This quiz will help you understand the basic concepts of Lean.