Answer the following questions regarding a four-month promissory note for $1,850 issued June 1,2021 ,...
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Accounting
Answer the following questions regarding a four-month promissory note for $1,850 issued June 1,2021 , and bearing an interest rate of 5% p.a. (15 pts) a) What was the maturity date of the note? b) How much was the note worth at maturity? c) How much was the note traded for on Sep 1, 2021, if money was worth 6% p.a
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