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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 a. January 5 $92,000 6% 120 days b. February 15 15,000 30 days c. May 19 66,000 8 45 days d. August 20 33,600 5 90 days e. October 19 52,000 7 90 days * Assume a leap year in which February has 29 days. 4 Assume 360 days in a year when computing the interest. Note Due Date Interest (a) (b) (c) (d) (e)

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