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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. When calculating

Determine Due Date and Interest on Notes

Determine the due date and the amount of interest due at maturity on the following notes. When calculating interest amounts, assume there are 360 days in a year. Round intermediate calculations to 4 decimal places, and round your final answers to the nearest whole dollar.

Date of Note Face Amount Interest Rate Term of Note
a. January 15 $70,060 12 % 30 days
b. April 1 11,345 7 90 days
c. June 22 19,800 8 45 days
d. August 30 26,775 13 120 days
e. October 16 12,530 10 50 days
Due Date Interest Due at Maturity
a. $
b. $
c. $
d. $
e. $

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