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 and easily solve a variety of common percentage-related problems.
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?
- 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?