Answer:
The proceeds of the note will be $150,000.
Step-by-step explanation:
To Determine:
Determine the proceeds of the note, assuming the note carries an interest rate of 10%.
Information Fetching and Solution Steps:
- On January 26, Nyree company borrowed cash from Conrad Bank by issuing a 45 day note with a face value of $150,000.
- Assume a 360-day year.
In the context of accounting, a note generally cites to a pledge - also know as agreement - to pay a certain given amount of money in the future at a mentioned date - also known as a promissory note.
The proceeds are $150,000. The reason for the logic is because proceeds equal to face value. So, note issued is at face value of $150,000. The issued note was not discounted.
Therefore, the proceeds of the note will be $150,000.
Keywords: promissory note, face value
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D: none of the above
just in case, the answer is 26 miles, and you need to use the Pythagorean theorem
Answer:
D) 11.2 Orange
General Formulas and Concepts:
<u>Pre-Algebra</u>
Order of Operations: BPEMDAS
- Brackets
- Parenthesis
- Exponents
- Multiplication
- Division
- Addition
- Subtraction
<u>Algebra II</u>
- Distance Formula:

Step-by-step explanation:
<u>Step 1: Define</u>
<em>Find points from graph.</em>
Point (-8, -1)
Point (-3, 9)
<u>Step 2: Find distance </u><em><u>d</u></em>
Simply plug in the 2 coordinates into the distance formula to find distance <em>d</em>
- Substitute [DF]:

- Add:

- Exponents:

- Add:

- Simplify:

- Evaluate:

- Round:
