Multiple Choice
A $10,000,7% note is dated June 18 and is due in 45 days.The due date would be:
A) Aug 1.
B) Aug 2.
C) Aug 3.
D) Aug 4.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q28: To obtain an extension of time for
Q80: When a commercial bank discounts a note
Q98: Tricia's Decor purchased merchandise from House Beautiful
Q123: The discount period begins with the date
Q125: The process of endorsing a note and
Q126: Interest calculated for one year on a
Q127: A promissory note from the sales of
Q128: Paying the principal on a note plus
Q129: When a company goes to a bank
Q130: How would you compute the accrued interest