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30 Chapter 8 Receivables Va. May 4, 51,800 EX 8-19 Determine due date and interest on notes Obj. 6 Determine the due date and the

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30 Chapter 8 Receivables Va. May 4, 51,800 EX 8-19 Determine due date and interest on notes Obj. 6 Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note January 5 $90,000 6% 120 days b. February 15 21,000 4 30 days c. May 19 68,000 8 45 days d. August 20 34,400 5 90 days e. October 19 50,000 7 90 days * Assume a leap year in which February has 29 days. SHOW ME HOW EXCEL TEMPLATE

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