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From the information given below, compute the time in days for the following notes: Date of Note Due Date Time in Days 1. June 28,
From the information given below, compute the time in days for the following notes:
Date of Note | Due Date | Time in Days | ||
1. | June 28, 2010 | August 10, 2010 |
| days |
2. | March 5, 2010 | August 12, 2010 |
| days |
3. | April 20, 2010 | July 17, 2010 |
| days |
4. | January 12, 2010 | May 15, 2010 |
| days |
5. | December 17, 2010 | February 2, 2011 |
| days |
From the information given below, determine the due date for the following notes:
Date of Note | Time in Days/Months | Due Date | |
6. | February 14, 2010 | 45 days |
|
7. | March 13, 2010 | 60 days |
|
8. | May 15, 2010 | 3 months |
|
9. | November 15, 2010 | 30 days |
|
10. | October 27, 2010 | 120 days |
|
From the information given below, calculate the accrued interest for the following notes (round to two decimal places, if necessary). Assume 360 days in a year.:
Principal | Interest Rate | Time | Accrued Interest | |
11. | $2,200 | 9.5% | 45 days | $ |
12. | 2,500 | 12.5% | 60 days | $ |
13. | 2,800 | 10.75% | 90 days | $ |
14. | 3,300 | 8.9% | 30 days | $ |
15. | 4,800 | 7.3% | 120 days | $ |
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