Chapter 8 - Simple Interest Applications Compute the face (present) value. The maturity value of a 170 day, 6.55% promissory note dated May 5, 2011, is $1,854.91. (The dates must be answered in the...


Chapter 8 - Simple Interest Applications<br>Compute the face (present) value.<br>The maturity value of a 170 day, 6.55% promissory note dated May 5, 2011, is $1,854.91.<br>(The dates must be answered in the following format: January 1, 2012)<br>(Do not include the $ sign when entering money values.)<br>Legal due date =<br>Number of days =<br>Present (face) value =<br>Check<br>Next page<br>

Extracted text: Chapter 8 - Simple Interest Applications Compute the face (present) value. The maturity value of a 170 day, 6.55% promissory note dated May 5, 2011, is $1,854.91. (The dates must be answered in the following format: January 1, 2012) (Do not include the $ sign when entering money values.) Legal due date = Number of days = Present (face) value = Check Next page

Jun 05, 2022
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