Determine the maturity date and compute interest for each note. Note: Use 360 days a year. Do not round intermediate calculations. Note 1. 2. 3. Contract Date March 1 May 15 October 20 Contract Date 1. March 1 2. May 15 3. October 20 Principal $ 10,000 15,000 8,000 Maturity Month Interest Rate 6% 8 4 Maturity Date Period of Note (Term) 60 days 90 days 45 days Interest Expense

Determine the maturity date and compute interest for each note. Note: Use 360 days a year. Do not round intermediate calculations