Question 1 Answer saved Marked out of 2.00 P Flag question Simple and Compound Interest a. For each of the following notes, calculate the simple interest due at the end of the term Round to the nearest dollar. Note Principal Rate Term $18,000 4% 6 years $18,000 6% 4 years $18.000 8% 3 years Note 15 Note 2 $ Note 3 5 b. Compute the amount of interest due at the end of the term for each of the above notes assuming interest is compounded annually. Use Excel or a financial calculator for your computations. Round your answer to the nearest dollar. Note 1 $ Note 2 $ Note 3 S 0 a Save Answers