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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
On July 7, Landview Bank lent $530,000 to Classical Music Shop on a 60 day, 4% note. What is the maturity value of the note? (Use a 360-day year and round answers to the nearest dollar.)
A) $533,485
B) $533,533
C) $551,200
D) $530,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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7 years ago
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zrika23,  Yrfh

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H3Ko Author
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#2
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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#3
7 years ago
Happy to help Smiling Face with Open Mouth
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#4
4 years ago
Thanks
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