Question: A 160 day promissory note dated 8 June 2016 had a face value of RM 2 000 The simple interest rate harged was 6 6

A 160 day promissory note dated 8 June 2016 had a

face value of RM 2 000 The simple interest rate harged was

A 160 day promissory note dated 8 June 2016 had a face value of RM 2 000 The simple interest rate harged was 6 6 per annum Determine a

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Q:

a 180 day promissory noted dated 8 june 2016 had a face value of rm^(2000). the simple interest rae charged was 6.6% per annum. determine the maturity value

Q:

Hello, I 1.Research the capacity of municipalities in Bosnia and Herzegovina for issuing a bonds? 2.What are pros and cons of bond financing? Compare long-term source of financing between Bosnia and...

Q:

Hello, I have a case study need be answeredregarding pdf files questions, 1.Research the capacity of municipalities in Bosnia and Herzegovina for issuing a bonds? 2.What are pros and cons of bond...

Q:

Hello, I have a case study need be answeredregarding pdf files questions, 1.Research the capacity of municipalities in Bosnia and Herzegovina for issuing a bonds? 2.What are pros and cons of bond...

Q:

Hello, I have a case study need be answeredregarding pdf files questions, 1.Research the capacity of municipalities in Bosnia and Herzegovina for issuing a bonds? 2.What are pros and cons of bond...

Q:

Hello, I have a case study need be answeredregarding pdf files questions, 1.Research the capacity of municipalities in Bosnia and Herzegovina for issuing a bonds? 2.What are pros and cons of bond...

Q:

Hello, I have a case study need be answeredregarding pdf files questions, 1.Research the capacity of municipalities in Bosnia and Herzegovina for issuing a bonds? 2.What are pros and cons of bond...

Q:

EXERCISE 1.3 A I. FIND THE ACTUAL AND APPROXIMATE TIME BETWEEN TWO MONTH ACTUAL TIME APPROXIMATE TIME TOTAL DATES a. January 20, 2015 to October 14, 2015 b. October 8,2015 to July 7, 2016 MONTH...

Q:

Hi again. Please help me once more with my study information. I have provided three assignments. Let me know if you need additional information. \fFINANCIAL AND MANAGERIAL ACCOUNTING - Fifth Edition...

Q:

EXERCISE 1.6 Solve the following: 1. Accumulate P300,000 for 8 years at 7% simple interest. 2. What final amount would Raziel have, if she deposited P90,000 for 3 years and 6 months at 9.5% simple...

Q:

An item has a 60% markup based on selling price. What is the equivalent markup percent based on the cost?

Q:

The speed of yellow light (from a sodium lamp) in a certain liquid is measured to be 1.92 x 108 m/s. What is the index of refraction of this liquid for the light?

Q:

Part 1 . Calculate the cost of capital, WACC, for a company whose capital is $ 1 5 0 million. Of the $ 1 5 0 million, $ 6 0 million are debt with a cost of 5 % and the rest is equity with a cost of 2...

Q:

The force constant of a massless spring is 2 5 . 0 N / m . A mass of 0 . 4 5 kg is oscillating in simple harmonic motion at the end of the spring

Q:

What ethical codes would you recommend for your university, your class, and your family? How should these codes be enforced?

Q:

Cars do pollute the air. Search the Internet for ecology and cars to find out what car makers are doing to reduce pollution.

Q:

What is Theory Z?