K On June 1, 2017, a four-month promissory note for $1850 with interest at 5% was issued. Compute the proceeds of the note on August 28, 2017, if money is worth 6.5%. Ignore any grace period The proceeds are $ (Round to the nearest cent as needed.)

Sheffield Corporation issued a 3-year, $66,000, 6% note to Oriole Company on January 1, 2017, and received an excavator that normally sells for $57,936. The note requires annual interest payments each December 31. The market rate of interest for a note of similar risk is 11%. Prepare Sheffield's journal entries for (a) the January 1 issuance and (b) the December 31 interest. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit (a) (b)

K Mahadeus opened an RRSP deposit account on December 1, 2008, with a deposit of $2300. He added $2300 on April 1, 2010, and $2300 on January 1, 2012. How much is in his account on October 1, 2016. if the deposit earns 6.7% pa compounded monthly? (3) The amount in the account is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed) Clear all