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

Determine the maturity date and compute interest for each note.

Note: Use 360 days a year. Do not round intermediate calculations.

Note Contract Date Principal Interest Rate Period of Note (Term)
1. March 3 $ 12,000 6% 60 days
2. May 17 17,000 8 90 days
3. October 22 10,000 4 45 days

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

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