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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* 6% 120 days b. February 15* 4 30 days C. May 19 $81,000 27,000 66,000 34,400 52,000 8 45 days d. August 20 5 90 days e October 19 7 90 days * Assume a leap year in which February has 29 days. Assume 360 days in a year when computing the interest.
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