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- What is the maturity value of a $30,000, 12%, six-month note?a. $28,200b. $33,600c. $30,000d. $31,800Calculate issue price of T-bills if the nominal value is 100,000 TL, interest rate % 12 and maturity is 95 days.Assuming a 360-day year, when a $50,000, 90-day, 9% interest-bearing note payable matures, the total payment will be
- Assuming a 360-day year, when a $14,700, 90-day, 12% interest-bearing note payable matures, total payment will be ______ .Round your answer to the nearest whole dollar. a.$1,764 b.$15,141 c.$441 d.$16,464what is the effective interest rate on a 3-month noninterest-bearing note with a stated value of 13.7% and a maturity value of $220,000?If the company accepted a Notes Receivable on Oct 1, X1 for $60,000 at 8%, due in one year, what is the Maturity value?
- A loan of 20,000 is to be repaid as follows. Payments of p are to be made at the end of each month for 96 months and a balloon payment of 5,400 is to be made at the end of the 96th month as well. If the nominal interest rate convertible monthly is 10%, what is the prinicipal componnent of the 19th payment?The maturity value of a $348,000, 4%, 45-day note receivable dated July 3, assuming a 360-day year, is a.$349,740 b.$361,920 c.$348,000 d.$354,960A K100, 000 Treasury bill currently sells at 95% of its face value and is 65 days from maturity. Calculate the following for the Treasury bill:a. the discount yield.b. the investment yield.