Calculate the Interest at December 31, 2013

The Company has signed note receivable with several customers. Please use the dates in a formula to calulate the number of days of interest to accrue. To calculate the accrued interest, the formula is (principal x rate x days interest is due/365). This will give you the interest earned for the period Days Interest Due Name Ball Black Brown Green Jones Moore Smith Ye Total Note Balance $5,000.00 $8,500.00 $7,000.00 $6,500.00 $ 2,000.00 $ 12,000.00 $ 3,375.00 2.500.00 $ 46,875.00 Rate 9.0% 8.0% 7 5%, 78% 8. 3% 70%, 8.5% 8.0% 4mount Accrued Date of Note 01/05/12 01/17/13 02/16/11 03/12/12 07/01/13 08/16/10 10/01/11 12/15/13 Interest Due Quarterly At maturity Quarterly Semiannually At maturity Quarterly Quarterly Monthly Note DueLast Payment 01/05/14 01/17/14 02/15/17 03/11/15 06/30/14 08/15/14 09/30/16 12/14/14 10/05/13 11/15/13 09/11/13 11/15/13 10/01/13