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Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Term of
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Term of Note a. 120 days 4 30 days 8 45 days Date of Note Face Amount Interest Rate January 5* $100,000 6% b. February 15 * 18,000 May 19 67,000 d. August 20 33,200 e. October 19 48,000 Assume a leap year in which February has 29 days. Assume 360 days in a year when computing the interest. Note Due Date Interest 5 90 days 90 days (a) $ (b) $ $ (d) (e)
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