Question: 3. A promissory note for $3600.00 dated May 15, 2012, requires an interest payment of $370.00 at maturity. If interest is at 9.6% compounded

3. A promissory note for $3600.00 dated May 15, 2012, requires an interest payment of $370.00 at maturity. If interest is at 9.6% compounded monthly, determine the due date of the note. // AMRITPEET

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Sol Future valice 360000 Let time in years till due date t Interest payment 37000 Principle 360... View full answer

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