6 .

task list

1. A company issued a HUF 2,000,000 commercial promissory note to a supplier in recognition of its
debt, which includes the HUF 200,000 interest. Payment is due 1 year after issue. What is the amount
and interest rate of the commercial loan?
2. A company issued a HUF 9,000,000 commercial promissory note to one of its suppliers as an
acknowledgment of its debt, which includes the HUF 450,000 interest. Payment is due 180 days after
issue. What is the amount and interest rate of the commercial loan?
3. A company could not pay its debt to the supplier immediately, and issued a commercial promissory
note in recognition of this. The value of the promissory note is HUF 14,000,000, payment is due 1
year after issue. What is the amount of the commercial loan provided by the supplier, if the loan
interest charged is 21% per year?
4. A company accepted a HUF 15,000,000 bill of exchange as compensation for the goods it delivered.
The date of issue of the security is March 1. Payment is due on July 31. The interest charged on the
commercial loan is 18% per annum. What is the amount of the commercial loan provided by the
company?
5. A company settles its 1-year commercial promissory note with a nominal value of HUF 20,000,000,
which includes interest of HUF 3,000,000, 4 months after issuance at the account holder's bank, which
bank charges 16% interest per year for short-term loans charges. If the bill of exchange is accepted,
this amount is automatically deducted from the amount of the bill of exchange. What amount will be
credited to the company's account?
6. A company settles its HUF 12,000,000 commercial promissory note with a maturity of 210 days,
which includes a commercial credit interest rate of 8% per annum, at the account manager's bank 90
days before maturity. The short-term loan interest rate used by the commercial bank is 9%. What is the
amount to be credited to the customer's account? Was it worthwhile for the company to discount the
promissory note?
7. A supplier of a company accepts a HUF 26,000,000 promissory note in exchange for a debt. The
commercial loan interest rate negotiated by the business parties is 14% . The promissory note is issued
on March 15 and expires on September 15. The company discounts the promissory note on July 10
with a loan interest rate of 14.5% . How much money does the company receive for the bill of
exchange? Was it worth discounting?
8. A supplier extended trade credit to a customer. By issuing his own promissory note, the buyer
promised to pay the debt in 90 days. The value of the issued promissory note is HUF 6,000,000. The
supplier discounts the promissory note 15 days before the end of the term. The discount loan interest
rate applied by the bank is 17%, the handling cost charged by the bank is 1.5%. Is it worth discounting
the promissory note if the bank charges 18% interest per year for other short-term loans it provides,
calculated using the French method.
9. A company owns a bill of exchange with a face value of HUF 7,000,000, which includes HUF
900,000 in interest. The date of issue of the bill of exchange is January 5, and the maturity date is
December 28. The owner of the bill of exchange settles the bill of exchange 210 days before maturity
at the account manager's bank, where the credit interest rate is 15%. The bank that accepts the bill of
exchange will counter-discount the bill of exchange with the central bank 100 days before maturity .
The loan interest rate applied by the MNB is 12%. What is the amount paid to the customer and the
commercial bank's profit from bill discounting?
10. A company owns a bill of exchange with a face value of HUF 35,000,000, which includes HUF
4,500,000 in interest. The bill of exchange is issued on March 25 , and the maturity date is November
25. The owner of the bill of exchange settles the bill 180 days before maturity at the bank of the
account manager, where the loan interest rate is 19%. The bank that accepts the bill of exchange will
counter-discount the bill of exchange with the central bank 90 days before maturity . The loan interest
rate applied by the MNB is 17%. What is the amount paid to the customer and the commercial bank's
profit from bill discounting?