Several banks have offered loans to the Suarez Digital Services for its expansion. However, Sid Suarez wants to weigh each option to determine the best financial situation for the company. Currently, Suarez Digital Services is trying to collect outstanding accounts receivables from its customers to strengthen the cash flow of the business.

Assignment
Using the information provided by each bank, determine the due date and interest amount for each.

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Bank of America Bank One Capital One Bank A 90-day note dated April 15 for $25,000 at a 4% interest rate A 120-day note dated April 10 for $42,000 at an 8% interest rate A 60-day note dated April 5 for $36,000 at a 6% interest rate