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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

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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 a. January 5 b. February 15* C. May 19 d. August 20 e. October 19 Face Amount Interest Rate $87,000 6% 21,000 4 Term of Note 120 days 30 days 68,000 33,200 50,000 658 45 days 90 days 7 90 days *Assume a leap year in which February has 29 days. Assume 360 days in a year when computing the interest. Note (a) (b) (c) (d) (e) Due Date Interest 0000

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