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Determine due date and interest on notes E6-2 Determine the due date and the amount of interest due at maturity on the following notes: Term

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Determine due date and interest on notes E6-2 Determine the due date and the amount of interest due at maturity on the following notes: Term of Note Date of Note Face Amount Interest Rate January 15 April 1 30 days $50,000 6% a. 90 days 45 days 120 days 4 b. 27,000 30,000 6 June 22 C. 8 d. August 30 90,000 72,000 5 50 days October 16 e. I To simplify, use 360 days per year to compute interest

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