Question
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date
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 Term of Note $83,000 6% 120 days 15,000 4 30 days 65,000 8 45 days 32,000 54,000 57 90 days 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) (d) (e) 00000
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