Question 1(1 point) Calculate the nominal annual rate of interest compounded monthly if...
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Question point Calculate the nominal annual rate of interest compounded monthly if $ accumulates to $ in five years. a b d On August Forex Co receives a $day, note from customer Roy John as payment on his $ account receivable. Compute the maturity date for this note. Prepare Forex's journal entry for August Prepare Forex's journal entry assuming the note is honoured by the customer on maturity date of that same year. 
Question point
Calculate the nominal annual rate of interest compounded monthly if $ accumulates to $ in five years.
a
b
d On August Forex Co receives a $day, note from customer Roy John as payment on his $ account receivable.
Compute the maturity date for this note.
Prepare Forex's journal entry for August
Prepare Forex's journal entry assuming the note is honoured by the customer on maturity date of that same year.
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