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Determine the due date and amount of interest due at maturity on the following notes. Assume 360 days per year. Origination Date Face Term Amount

Determine the due date and amount of interest due at maturity on the following notes. Assume 360 days per year. Origination Date Face Term Amount of Note Interest Rate a. Mar. 15 b. May 1 $8,000 $12,000 60 days 9% 90 days 8% Maturity Date Interest Amount

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