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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 Interest Rate Term of Note $90,000 120 days a. January 5* b. February 15 * C. May 19 30 days 21,000 68,000 45 days d. August 20 34,400 90 days e. October 19 50,000 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) May 4 Mar. 16 July 3 Nov. 18 Jan. 17
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