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Chp8 Exercises Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes:
Chp8 Exercises Determine Due Date and Interest on Notes 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 120 days 6% a. January 5 * b. February 15 $90,000 30 days 4 21,000 45 days 68,000 C. May 19 90 days 34,400 d. August 20 90 days 7 50,000 e. October 19 Assume a leap year in which February has 29 days. Assume 360 days in a year when computing the interest. Note Due Date Interest (a) (b) (c) (d) (e) 10 more Check My Work uses remaining
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