QS 9-12 (Algo) Computing note interest and maturity date LO C2 Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) Period of Interest Contract Dete 2. March 11 Principal $ 24,000 Rate Note (Term) 60 days 2. May 25 3. October 22 24,000 18,000 7 4 90 days 45 days Contract Date Maturity Month Maturity Date Interest Expense 1. March 11 12 May 25 3. October 22