Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each...
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Accounting
Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of the following notes: (Use 360 days for interest calculation. Round to the nearest dollar.) Date of Interest Note Principal Rate Term a. August 5 b. May 10 c. October 20 d. July 06 e. September 15 $6,000 16,800 24,000 4,500 9,000 8% 170 days 7% 140days 996 95days 10% 110days 8% 125days Maturity Date Interest Month Day a. August b. d. Next page Check Previous page
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