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Maturity Dates of Notes Receivable Determine the maturity date and compute the amount of interest at maturity for each of the following notes: (Use 360
Maturity Dates of Notes Receivable Determine the maturity date and compute the amount of interest at maturity for each of the following notes: (Use 360 as the denominator when calculating the interest amount. Round to a whole number.) a. August 5 b. May 10 c. October 20 d. July 6 e. September 15 a. b. Date of Note C. d. e. Maturity Date Month Check 4) SP + Principal Interest Rate (%) $60,000 8 168,000 7 240,000 9 10 45,000 90,000 8 Day Interest at Maturity 0 $ 0 $ 0 $ 0 $ 0 $ 0 0 0 0 0 Chapter 6 Homework, part B Term 120 days 90 days 45 days 60 days 75 days
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