Multiple Choice
Calculate the legal due date of a $600.00, 120 day note with interest at 5% dated March 2, 2014.
A) July 5
B) July 2
C) June 30
D) July 3
E) July 31
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q50: Dirk Propp borrowed $14 300.00 for investment
Q51: Farah shopped at Lowes using line of
Q52: Calculate the maturity value of a 180-day
Q53: A 60-day non-interest-bearing promissory note for $10
Q54: You borrowed the amount indicated in the
Q56: A promissory note has a face value
Q57: FIGURE 8.1 Basic Design of a Loan
Q58: A promissory note has a face value
Q59: The East Lake Karate Club arranged short-term
Q60: Sean borrowed $3000.00 from Sepaba Savings and