question Parbally correct Mark 2250 OUT OF 500 supp Prag 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 $20,000 246 6 years 2 $20.000 4% 4 years 3 $20,000 63 years 1 Note 1 $ Note 2 $ 2.400 3.200 3,600 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 answers to the nearest dollar. 2x Note 15 Note 2 5 Note 3 5 1.2 X Check Incorrect Mark 0.00 out of 1.00 a * HE Type here to search 51