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Maturity Dates of Notes Payable Determine the maturity date and compute the interest for each of the following notes payable with add-on interest: Use 360
Maturity Dates of Notes Payable Determine the maturity date and compute the interest for each of the following notes payable with add-on interest: Use 360 days for calculations and round to the nearest dollar. a. August 5 b. May 10 c. October 20 d. July 6 e. September 15 Date of note a. b. Principal Interest Rate (%) $19,000 8% 12,400 16,000 7% 9% 10% 8,500 17,500 8% For the maturity date, select the appropriate month using the drop-down menu and enter the correct day next to the month using the fill-in the blank answer box. Maturity Date Interest + + + 0 $ 0 0 0 e. 0 Please answer all parts of the question. C. d. 0 0 Term 90 days 120 days 60 days 70 days 45 days 0 0 0
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