A 90-day, $800 promissory note was issued July 31 with interest at 8%. What is the value

Question:

A 90-day, $800 promissory note was issued July 31 with interest at 8%. What is the value of the note on October 20?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

Question Posted: