Answer:
Note Due Date Interest due at Maturity
1 Mar 6 $500
2 Apr 23 $360
3 July 20 $840
4 Sept 6 $945
5 Nov 29 $270
6 Dec 30 $300
Step-by-step explanation:
Calculation to Determine the due date and the amount of interest due at maturity for Flush Mate Co.
Using this formula to Calculate for the amount of interest due at maturity.
Interest due at Maturity= [Face amount * Numbers of days to maturity / 360 * Interest rate]
Note, Due Date, Face Amount, No of days to maturity, Interest rate, Interest due at Maturity
1 Mar 6 80,000× 45/360 ×5% =$500
2 Apr 23 24,000 × 60/360 ×9% =$360
3 July 20 42,000×120/360 ×6% =$840
4 Sept 6 54,000× 90/360 ×7% =$945
5 Nov 29 27,000× 60/360 ×6% =$270
6 Dec 30 72,000× 30/360 ×5% =$300
Therefore the due date and the amount of interest due at maturity for Flush Mate Co are:
Note Due Date Interest due at Maturity
1 Mar 6 $500
2 Apr 23 $360
3 July 20 $840
4 Sept 6 $945
5 Nov 29 $270
6 Dec 30 $300
Answer:
This fraction is in the simplest form already.
Step-by-step explanation:
This fraction is in the simplest form already. Here is why.
Result in decimals: 0.78
You just have to reflect it over the blue line, so if one point is 2 squares from the blue line then you will make it 2 squares away on the other side of the blue line. The y point will stay the same so they will be the same height
Answer: a) -240
<u>Step-by-step explanation:</u>
