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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 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. Date of Note Face Amount Interest Rate Term of Note a. January 15 $106,800 10 % 30 days b. April 1 15,700 10 90 days C. June 22 41,900 10 45 days d. August 30 28,335 12 120 days e. October 16 19,345 9 50 days Interest Due at Due Date Maturity a. $ b. C. d. e
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