Question: A promissory note for $600 dated January 15, 2017, requires an interest payment of $120 at maturity. If interest is at 9% p.a. compounded monthly
A promissory note for $600 dated January 15, 2017, requires an interest payment of $120 at maturity. If interest is at 9% p.a. compounded monthly , determine the due date of the note.
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