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, a. January 5* b. February 15* c. May 19 d. August 20 e. October 19 Face Amount $100,000 30,000 62,000 42,400 40,000 Interest Rate 6% 4 8 5 7 *Assume a non-leap year in which February has 28 days. Assume 360 days in a year when computing the interest. Term of Note 120 days 30 days 45 days 90 days 90 days

Determine due date and interest on notes Determine the due date and the amount of interest due at maturity on the following notes: *Assume a non-leap year in which February has 28 days. Assume 360 days in a year when computing the interest