Ted signed a simple interest note with a face value of P8,500, an interest rate of 12

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Ted signed a simple interest note with a face value of P8,500, an interest rate of 12 1/2% and a term of 9 months.

Find

a) maturity date;

b) interest;

c) maturity value.

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Feb 14, 2023 01:33 AM

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Ted signed a simple interest note with a face value of P8,500, an interest rate of 12

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Income Tax Fundamentals 2013

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