DIRECTIONS: Questions 29 through 40 are to be answered on the basis of the following infor- mation. The Joie de Vivre Co. received the promissory notes listed below during the last quarter of its calendar year: (1) Date 10/8 (2) 9/22 (3) 11/15 29. A. 12/31 Face Amount $3,600 Terms 30 days Interest Rate Date Discounted Discount Rate $8,000 60 days 109% 10/18 9% 6% 10/1 7% $3,000 90 days 7% 11/20 8% 29. What is the due date for the first note? B. 11/7 C. 12/7 D. 10/31 30. 30. What interest will be due when the first note matures? B. $3,600 A. $3 31. What is the maturity value of the first note? A. $3,600 B. $3,630 32. What is the discount period for the first note? C. $30 D. $0 60 31 C. $0 D. $3,603 32. C One fiscal year 20 days 33. What is the due date for the second note? A. 12/21 B 11/21 B. D. 10 days One month 33. C. 10/21 D. 1/21 34. What interest will be due when the second note matures? A. $60 B. $800.00 35. What is the maturity value of the second note? A. $8,000 B $8,080 34. C. $8.00 $80.00 35. C. $8,800 D. $8,008