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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 the nearest dollar. a. August 5 b. May 10 c. October 5 d. July 6 e. September 15 a. b. Date of note C. d. 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 e. Check Principal Interest Rate (%) $20,000 9 8,400 7 12,000 6 6,000 10 12,000 8 LA Term 120 days 90 days 45 days 60 days 75 days $
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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 days for calculations and round the nearest dollar. 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

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