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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

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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 $98,000 6% a. January 5* b. February 15 - May 19 4 18,000 69,000 120 days 30 days 45 days C. 8 d. August 20 32,800 5 90 days e. October 19 50,000 7 90 days 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) llll (d)

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