Question: A promissory note for $500,00 dated January 15, 2017, requires an interest payment of $60.00 at maturity. If interest is at 9% pa. compounded monthly,
A promissory note for $500,00 dated January 15, 2017, requires an interest payment of $60.00 at maturity. If interest is at 9% pa. compounded monthly, determine the due date of the note 70.0 The due date is (Round down to the nearest day.)
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