Top Posters
Since Sunday
1
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
gewusel gewusel
wrote...
Go to Answer
Posts: 370
Rep: 0 0
6 years ago
A promissory note has a face value of $5175.00 and it has a date of issue of April 2 this year. The term is for 5 months. The rate of interest is 6.75%. What is the maturity value of the note?
A) $5324.30
B) $5234.30
C) $5342.30
D) $5334.20
E) $5444.30
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
Read 270 times
3 Replies
Replies
Answer verified by a subject expert
SupremeSupreme
wrote...
#1
Posts: 375
Rep: 191 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

Anonymous
wrote...
#2
8 months ago
Help! The answer is missing an explanation...
wrote...
#3
8 months ago
Done!!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  865 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 326
  
 382
  
 335