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Use the following information to answer questions 1-5. Determine the due date and amount of interest due at maturity on the following notes: Note 1-
Use the following information to answer questions 1-5. Determine the due date and amount of interest due at maturity on the following notes: Note 1- Dated March 1, $5,000, 60 day note, 9% interest Note 2- Dated May 15, $9,000, 120 day note, 8% interest Note 3- Dated May 30, $12,000, 90 day note, 12% interest
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