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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 January 5 120 days $92,000 6% . b. February 15 18,000 4 30 days 65,000 45 days May 19 8 C. 33,600 d. August 20 90 days 90 days October 19 46,000 7 . 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)
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