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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. When Calculating
Determine Due Date and Interest on Notes
Date of Note Face Amount Interest Rate Term of Note a. January 15 $50,000 b. April 1 C. June 22 d. August 30 e. October 16 30 days 90 days 45 days 120 days 50 days 6% 4 6 27,000 30,000 90,000 72,000 Due DateInterest Due at Maturity a. Feb. 14 V b. June 30 V c. Aug. 6 v d. Dec. 28 v e. Dec. 5 v Determine the due date and the amount of interest due at maturity on the following notes. When Calculating interest amounts, assume there are 360 days in a year. Round intermediate calculations to 4 decimal places, and round your final answers to the nearest whole dollar.
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