EX 8-19 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: TTI Date of Note Face Amount Interest Rate Term...

EX 8-19<br>Determine due date and interest on notes<br>Determine the due date and the amount of interest due at maturity on the following<br>notes dated in 2016:<br>TTI<br>Date of Note<br>Face Amount<br>Interest Rate<br>Term of Note<br>January 3*<br>February 20*<br>May 24<br>August 30<br>October 4<br>120 days<br>30 days<br>45 days<br>90 days<br>a.<br>$80,000<br>6%<br>b.<br>27,000<br>C.<br>62,500<br>d.<br>30,000<br>40,000<br>7<br>90 days<br>e.<br>* February 2016 has 29 days.<br>

Extracted text: EX 8-19 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: TTI Date of Note Face Amount Interest Rate Term of Note January 3* February 20* May 24 August 30 October 4 120 days 30 days 45 days 90 days a. $80,000 6% b. 27,000 C. 62,500 d. 30,000 40,000 7 90 days e. * February 2016 has 29 days.

Jun 11, 2022

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EX 8-19 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: TTI Date of Note Face Amount Interest Rate Term...

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