buisiness word problems, writing homework help

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Business Finance

Description

jones auto supply signed a note with a face value of 17,000 on sept. 10th, the note is for 90 days and carries an interest rate of 11%. find the due date and the maturity value of the note.

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Explanation & Answer

A) Due Date:Days remaining in September: 20Days in October: 31Days in November: 3020 + 31 + 30 = 81. 90-81 = 9 days. The due date is ...


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