Installment Notes Payable [Professor Barbara Gonzalez]
8:00
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Installment Notes Payable [Professor Barbara Gonzalez]
Explanation and example of installment notes payable. Click here to view the notes that accompany this video: https://drive.google.com/file/d/17Y1jyi7yvu2w...
5K viewsMar 5, 2021
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On August 1, a 30,000, 6%, 3-year installment note payable is issued by a company. The note requires equal payments of principal plus accrued interest be paid each year on July 31. The present value of an annuity factor for 3 years at 6% is 2.6730. The present value of a single sum factor for 3 years at 6% is 0.8396. The payment each July 31 will be:
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sorry for my lack of posts i have been going through it . . . hey! i’m Tatum E. Carrington, a teen author with two published books: Insolo and Burning Letters! Insolo is the first installment of my fantasy series, and Burning Letters is a poetry collection! For more, join my newsletter and check out my books on Amazon and KU (you can read Insolo for free RIGHT NOW!) all links are in my bio! . . . TAGS . . #writing #author #indieauthor #bookstagram #booktok
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sorry for my lack of posts i have been going through it . . . hey! i’m Tatum E. Carrington, a teen author with two published books: Insolo and Burning Letters! Insolo is the first installment of my fantasy series, and Burning Letters is a poetry collection! For more, join my newsletter and check out my books on Amazon and KU (you can read Insolo for free RIGHT NOW!) all links are in my bio! . . . TAGS . . #writing #author #indieauthor #bookstagram #booktok
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