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Determine the due date and maturity value of each note

determine the due date and maturity value of each note

@ 31,200 (2 Dec.
Then, use the interest rate to calculate the periodic rate of interest.
Once you have all of your data, use the formula V P x (1 r)n, where V is the maturity value, P is the original principal amount, n is the number of compounding intervals from the time of issue to maturity date, and r represents.Get this answer with Chegg Study.Note that on small mature dating site in kolkata loans it is customary to use a standard 30 day month adult personals birmingham and a 360 day [email protected] 62,400 (29 Aug.Best Answer: 1) Due 14 [email protected] 31,183.56) 4) Due 31 Oct.To calculate maturity value, review the features of your bond or CD to determine your interest [email protected] 62,367.12) 3) Due 4 Dec.Determine the due date, the amount of interest due andthe maturity value on the following notes : Date ofNote FaceAmount InterestRate Term of Note, march6 15,000 9 60 days, may20 8, days.View the full answer.Home / study / business / accounting / accounting questions and answers / Determine The Due Date, The Amount Of Interest Due Andthe Maturity Value On The Following [email protected] 43,600 2) Due 31 Aug.Did this summary help you?If actual calendar days are specified in a non-leap year, then the use the numbers in parenthesis as your answer.June2 5, days, august30 18, days, october1 10, days 100 (1 rating date of Term of Due date Maturity Face Amount of Note Note value Amount Interest 6-Mar 60 days 5-May 15,225.84 15,000 225.84 20-May.Need an extra hand?