1) The interest of a $6,000, 5%, one-year notes payable is: *

a) $30

b) $300

c) $3,000

d) None of the above

2) The maturity date of a 7 months note dated March 10 is: *

a) July 10

b) August 10

c) September 10

d) None of the above

3) The interest of a $11,000, 5%, 45 days note is: *

a) $11.55

b) $68.75

c) $62.2

d) None of the above

4) The maturity date of a 62 days note dated April 20 is: *

a) June 19

b) June 20

c) June 21

d) June 22

5) The interest of a $4,000, 6%, 4 months note is: *

a) $1,200

b) $240

c) $80

d) $960

6) The maturity date of a 20-day note dated March 5 is: *

a) March 24

b) March 25

c) March 26

d) March 27

7) The maturity date of a two years note dated January 15, 2020 is: *

a) January 15, 2021

b) January 15, 2022

c) January 15, 2023

d) January 15, 2024

8) The interest of a $2,000, 7%, 50 days note is: *

a) $18

b) $17

c) $16

d) None of the above