2) A 4-month promissory note with a face value of $40,000 was issued on March 1, 2022,...

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2) A 4-month promissory note with a face value of $40,000 was issued on March 1,2022, at 19 % p.a., determine. (2 marks total)

a. the maturity date

b. the number of days it was issued for

c. the interest on the note

d. the maturity value of the note

Posted Date: May 10, 2024 04:04 AM

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2) A 4-month promissory note with a face value of $40,000 was issued on March 1, 2022,...

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Given information Face value of the promissory note is 40000 Interest rate is 19 per annum Issued on ... View the full answer

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