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Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of
Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note a. January 3* $80,000 120 days b. February 20 27,000 30 days C. May 24 62,500 45 days d. August 30 30,000 90 days e. October 4 40,000 90 days * Assume a leap year in which February has 29 days. Assume 360 days in a year when computing the interest. Note Due Date Interest
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