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Amount DUe on Promissory Note

Posted on: 07th Dec, 2010 09:54 am
I need to find the amounts due on two notes:
One is for $50,000 with interest at the rate of 4.62 percent per annum compounded annually. The note was executed on November 19, 2007. What is the total amount due as of this date?
Second Note is for $150,000 with the same interest rate of 4.62 percent per annun compounded annually. This note was executed on April 17, 2007. What is the current amount due?
Hi Whiskey,

You should contact your lender and he will be able to let you know the amount that is due till date on both the notes.

Thanks
Posted on: 07th Dec, 2010 06:31 pm
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