Question: QUESTION 18 Based on the information above, calculate the note's maturity value. Maturity value = principal + interest payment * Suppose 1 year has 360
QUESTION 18 Based on the information above, calculate the note's maturity value. Maturity value = principal + interest payment * Suppose 1 year has 360 days. $2,000 $2,020 $2,040 $2,060 QUESTION 17 For the following 4 questions: The following is an interest-bearing note: $2,000 Topeka, Kansas June 15, 20X3 Sixty days after date I promise to pay to the order of Oakbrook Motel..... Two thousand and no/100 ...... dollars payable at First City Bank of Topeka with an interest at 12 percent. Kharles White Based on the information above, calculate interest payment. Interest = principal X rate X time Suppose 1 year has 360 days. $20 O $40 $60 $80
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