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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

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 Term of Note a. January 10* b. March 19 June 5 September 8 e. November 20 C. d. a. *Assume that February has 28 days. Assume 360-days in a year when computing the interest. Note b. C. d. e. $40,000 18,000 90,000 36,000 27,000 Due Date Interest Interest Rate 0000 5% 8 7 3 4 90 days 180 days 30 days 90 days 60 days
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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: *Assume that February has 28 days. Assume 360 -days in a year when computing the interest

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