1.

Keesha Co. borrows $280,000 cash on November 1, 2017, by signing a 150-day, 11% note with a face value of $280,000. 1. On what date does this note mature? (Assume that February has 28 days) March 26, 2018 March 27, 2018 March 28, 2018 March 29, 2018 March 31, 2018 2. & 3. What is the amount of interest expense in 2017 and 2018 from this note? (Use 360 days a year. Round final answers to the nearest whole dollar.) Total through maturity Interest interest Expense 2017 Expense 2018 Principal Rate(%) Time Total Interest