Thursday
July 30, 2015

Homework Help: math

Posted by keionna on Monday, June 17, 2013 at 11:41am.

Varsity Press, a publisher of college textbooks, received a $70,000 promissory note at 12% ordinary interest for 60 days from one of its customers, Readerís Choice Bookstores. After 20 days, Varsity Press discounted the note at the Grove Isle Bank at a discount rate of 14.5%. The note was made on March 21. What was the maturity date of the note?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Members