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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: Term of

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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: Term of Note Face Amount Interest Rate 6% 4 8 5 Date of Note 120 days 30 days 45 days 90 days 90 days a. January 5* b. February 15 c. May 19 d. August 20 e. October 19 * Assume a leap year in which February has 29 days. Assume 360 days in a year when computing the interest. Note $90,000 21,000 68,000 34,400 50,000 Interest Due Date

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