Value of the note
A 10-month promissory note issued on March 21, 2021, bearing interest of 7.2% p.a., has a maturity value of $4128.02. Find the face value of the note.
Correct answer:
Tips for related online calculators
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
Do you want to convert time units like minutes to seconds?
Do you want to convert time units like minutes to seconds?
You need to know the following knowledge to solve this word math problem:
Units of physical quantities:
Themes, topics:
Grade of the word problem:
Related math problems and questions:
- Investment 2
Jack invested $5000 in a 5-month term deposit at 4.7% pa. At the end of the five months, Jack reinvested the maturity value from the first deposit into an 11-month term deposit at 7.3% pa. What is the maturity value at the end of the second term deposit? - Maturity value
IKEA Furniture can purchase furniture with a three-year simple interest loan at 8% interest per year. What is the maturity value of a 3500 loan? - Securities 3226
After one year, we sold securities issued at an interest rate of 7% for CZK 8,560. What was their original value? - Compound interest
Joel borrowed $3208.5 on November 2, 2021, at 3.6% p.a. How many days would it take for him to repay the loan if he made a payment of $ 3,720.34? Round up to the nearest day.
- Deposited 83236
On March 24, we deposited €5,400 into the savings bank. How much interest will we earn until the end of the year, when the savings bank provides 4.2% interest on this type of deposit? - Obtained 31531
On 1 March, Mr. Závora obtained a loan from the bank for CZK 70,000 for four months. The interest rate is 9.5%. How much will he repay to the bank? - Saving 9
An amount of $ 2000 is invested at an interest of 5% per month. If $ 200 is added at the beginning of each successive month but no withdrawals. Give an expression for the value accumulated after n months. After how many months will the accumulated amount - Increase 69844
In April, a loaf of bread costs 42 CZK. Compared to March, this is an increase of 5 percent. What was the price a month ago? - Monica
Monica left Php.900 to Bianca. When Monica asked for it after six months, Bianca decided to give Php.945 instead because she could use the money. What was the interest rate on Monica's money used by Bianca?
- Three-month 60231
How much € do we have to save on a three-month term deposit with an interest rate of 2.5% pa? If we want the deposit to earn an interest of € 1,100 - Summands
Find two summands of the number 42 so that its product is minimized. - Angle's 7852
The hour and minute hands on the clock face make an alpha angle. If you know it's 10 hours and 12 minutes, what is the angle's size? - In the
In the workshop, it was necessary to complete the production of veils for the hospital quickly. The workshop staff promised to work an additional 240 hours to produce this order in March. The workshop has eight employees who work 160 hours a month. What p - VAT example
The following data were provided by Halo Mango Delight, a VAT taxpayer, for October, November, and December 2021 (VAT excluded): Compute the Value added tax of the store for the 4th Quarter of 2021. (Show computation in solving the problem). VAT ratio = 1
- An investment
How long will it take for an investment to double at a simple interest rate of 5.10% per annum? Express the answer in years and months, rounded up to the next month. - Gas prices 2021
According to the SPP price list in 2021, the price of natural gas, together with its supply, is as follows: D1 - we cook. Fix 3.34 euros/month and 0.0479 euros/kWh (1 cubic meter of gas is approximately 10.555 kWh. It is called combustion heat and changes - Chelsea
Chelsea Donahue has a 20-year home mortgage of $74000 at 7.50% interest and will pay a $534 annual insurance premium. Her annual property tax will be $1534. Find her monthly PITI payment.