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Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of the following notes: (Use 360 days for interest calculation.
Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of the following notes: (Use 360 days for interest calculation. Round to the nearest dollar.) Date of Note Interest Principal Rate Term 8% 120 days 50,400 7% 150 days 996 150 days 13.500 10% 75 days 8% 105 days $18,000 a. August 5 b. May 10 c. October 20 d. July 06 e. September 15 72,000 27,000 Maturity Date Month Day Interest a. b. d. e
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