Question: ay 2, $1,600 OBI. EX 9-19 Determine due date and interest on notes Determine the due date and the amount of interest due at maturity
ay 2, $1,600 OBI. EX 9-19 Determine due date and interest on notes Determine the due date and the amount of interest due at maturity on the following notes dated in 2016: Date of Note Face Amount Interest Rate Term of Note January 3* $80,000 69 b. February 20* 27,000 4 c. May 24 62,500 8 d. August 30 30,000 5 e. October 4 90 days 40,000 7 90 days February 2016 has 29 days. a. 120 days 30 days 45 days
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