1. The note has a face value of 12,500; dated April 12, 2013 that has to be paid after 5 months. The notes has an interest of 5% but discounted at a rate of 7%, 45 days after April 3, 2013. How much is the proceeds.

On January 1, 2014, Huff Co. issued a $4,000,000, zero interest (0%), 10-year note payable for$2,575,711. What was the Effective/Market Annual interest rate when the note was issued?    I need typed answer with explanation N

A nine-year note for $3200 issued on October 1, 2015, with interest at 6.6% compounded annually is discounted on July 1, 2016, at 9.1% compounded semi-annually. What are the proceeds of the note? The proceeds of the note are $. (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Sylvestor Systems borrows $110,000 cash on May 15 by signing a 60-day, 12%, $110,000 note. 1. On what date does this note mature? 2-a. Prepare the entry to record issuance of the note. 2-b. First, complete the table below to calculate the interest expense at maturity. Use those calculated values to prepare your entry to record payment of the note at maturity.

2. Said received a 60-day promissory note with a simple interest rate of 8% and a maturity value of RM2,533.33. The maturity date of the note was 19th June 2014.Find a) The date of the note b) The face value of the note using the Banker's Rule

A 7-year, $5,000 promissory note bearing interest at j12-7.20% was sold to a buyer after 2 years. The buyer purchased the note at a price that would yield them j4=6.00%. a) Calculate the maturity value of the note: b) Calculate the price the buyer paid (at the 2 year mark): c) What rate did the original holder of the note earn over the 2 year period that they held it? Express your answer as an annual effective rate (j1) to 2 decimal places. Do not include the % symbol.

Akbar Associates issued 120-day note for $50,000 to a creditor on a account. The note was discounted at 6%. Assuming a 360-day year: a. What cash proceeds would Akbar receive from the note? b. How much would Akbar repay the creditor at the note's maturity? =

A business issued a 45-day, 6% note for $210,000 to a creditor. Principal and interest are payable at maturity.  How is maturity value calculated in this case? What is the maturity value of the note?

On January 26, Vibrant Co. borrowed cash from Conrad Bank by issuing a 30- day note with a face amount of $74,400. Assume a 360-day year. a. Determine the proceeds of the note, assuming the note carries an interest rate of 5%.

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