Name	Note Balance	Date of Note	Interest Due	Note Due	Last Payment	Rate	Days Interest Due	Amount Accrued
Ball	$ 5,000.00	01/05/12	Quarterly	01/05/14	10/05/13	9.0%
Black	$ 8,500.00	01/17/13	At maturity	01/17/14		8.0%
Brown	$ 7,000.00	02/16/11	Quarterly	02/15/17	11/15/13	7.5%
Green	$ 6,500.00	03/12/12	Semiannually	03/11/15	09/11/13	7.8%
Jones	$ 2,000.00	07/01/13	At maturity	06/30/14		8.3%
Moore	$ 12,000.00	08/16/10	Quarterly	08/15/14	11/15/13	7.0%
Smith	$ 3,375.00	10/01/11	Quarterly	09/30/16	10/01/13	8.5%
Ye	$ 2,500.00	12/15/13	Monthly	12/14/14		8.0%
Total	$ 46,875.00							0

The Company has signed note receivable with several customers. Please use the dates in a formula to calulate the number of days of interest to accrue. To calculate the accrued interest, the formula is (principal x rate x days interest is due/365). This will give you the interest earned for the period and the interest receivable at year end.