Prefix Supply Company received a 120 -day, 8% note for $450,000, dated April 9 from...
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Prefix Supply Company received a 120 -day, 8% note for $450,000, dated April 9 from a customer on account. Assume 360 days in a year. a. Determine the due date of the note. b. Determine the maturity value of the note. Feedback Vheck My Work The due date is the date the note is to be paid. Assume a 360 day year. The maturity value is the amount that must be paid at the due date of the
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