determine the due date and the amount of interest due at maturity on the following n 546057
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:
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determine the due date and the amount of interest due at maturity on the following n 546057
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|
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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