Sofia issued a promissory note for P290,000 at 7% simple interest, payable after 1 year and 6
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- Sofia issued a promissory note for P290,000 at 7% simple interest, payable after 1 year and 6 months on July 1, 2020. Before the due date, she made the following partial payments: P40,000 on October 1, 2020; P80,000 on February 1, 2021; and P200,000 on August 1, 2021.
- Find the amount still on the maturity date.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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