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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 a. January 5* $97,000 6% 120 days b. February 15* 27,000 4 30 days May 19 67,000 45 days d. August 20 35,600 5 90 days October 19 50,000 7 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 8 e. (a) May 4 (b) Mar. 16 (c) July 3 $ (d) Nov. 18 $ $ (e) Jan. 17 $ $
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