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EX 8-19 Determine due date and interest on notes Obj. 6 Determine the due date and the amount of interest due at maturity on the
EX 8-19 Determine due date and interest on notes Obj. 6 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 January 5* $90,000 6% 120 days February 15* 21,000 30 days May 19 68,000 45 days August 20 34,400 90 days October 19 50,000 90 days * Assume a leap year in which February has 29 days. Trouda
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