on march 30,wade thompson accepted a nine month $32,250.00 promissory note
at 7% interest from one of his clients to pay for some carpentrywork he had completed .
on april 27, he sold the notes to hammond bank at 9.5% interest.
what were his proceed.
when the variable is to the power one you will only have one answer....2 solutions when to the power 23 when cubed etc.note: when multiple answers it is possible for answers to repeat ex. x^2+4x+4 =0would factor to (x+2)(x+2)=0 so x=-2 and x=-2 there is only one answer but it repeats. [Note: the graph of this parabola will 'just touch' the x-axis at x = -2]Also, it may seem that there is only one solution, for example x³ - 5x² + 8x - 6 = 0 looks like it only has one solution at x = 3 (as the graph of it will only cross the x-axis once at x = 3), but there are two more solutions which require the use of complex numbers, in this case namely x = 1 + i, and x = 1 - i (where i = √-1).
3x - 6 = 15 3x - 6 + 6 = 15 + 6 (NOTE: In an equation with =, you can do ANYTHING you want to the problem as long as you do the exact same thing to both sides.) 3x = 21 x = 7
1. 3x-2y=24 2. 6x-4y=-6 Note that we can write the first equation as -2y=-3x+24 and the second as -4y=-6x-6 Now divide the first equation by -2 and the second by -4 1. y=3/2x-12 2. y=3/2x+6/4 This tells us the lines have the same slope and different y intercepts which means they are parallel. There is NO solution. If you use elimination or substitution you find the same thing. Note, if you try emiminate you end up with 0y=-54 which is not true also telling you there is no solution.
Assume that the expression is: y = 9e^(t) Remember that the derivative of e^(t) with respect to t is e^(t). If we take the derivative of the function y, we have.. dy/dt = 9 d[e^(t)]/dt = 9e^(t) Note that I factor out the constant 9. If we keep the 9 in the brackets, then the solution doesn't make a difference.
Calculating trigonometric functions, such as sin, cos, tan, requires some fairly involved calculations. If you don't have a calculator, you best use tables. Such functions are calculated with Taylor series; for example, if you want to calculate the sine of an angle, and the angle is specified in degrees, multiply by (pi/180) to convert to radians. Then, having the angle "x" in radians, you can use the formula: sin x = x - x3/3! + x5/5! - x7/7! ... Similarly: cos x = 1 - x2/2! + x4/4! - x6/6! ... Note that, although these are infinite series, they converge pretty quickly, especially for small angles. That means that the individual terms quickly get smaller and smaller.
wording for promissory note with collateral
No....a promissory note is not valid without a consideration.
A promissory note is a fancy legal name for a legally phrased I.O.U.
The amount written on the face of a promissory note is called face value or principal. The date on which the promissory note is written is called the issue date.
Even though you file bankruptcy, you still have to honor the promissory note. If you are ordered to make installment payments then you will have to pay the promissory note in installments.
She signed a promissory note as a commitment to repay the loan on time.
I needed to sign a promissory note for my student loan money.The bank is legally owed money when you sign a promissory note.The promissory note was only one page long but used complicated language.
No, the amount of the promissory note is the face vale not maturity value. Maturity value is the value of the money on the promissory note after a period of time.
difference between bill of exchange and promissory note?
A secured promissory note has collateral attached - usually an item/items of value or a deposit. If the note is not fulfilled, the creditor can seize the collateral as payment. An unsecured note has no collateral attached.
One is able to find a free promissory note template both online at promissory note template website, and on Microsoft where there is a program dedicated to letter and note making.
The ECSI website has lots of the promissory notes. The ECSI website also has the template which will help in the writing of the promissory note.