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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 a. August 5 $6,000 8% 150 days b. May 10 16,800 7% 120 days c. October 20 24,000 9% 75 days d. July 06 4,500 10% 90 days e. September 15 9,000 8% 105 days Maturity Date Month a. C. d. e. Check Day Interest $
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