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Business, 30.04.2021 16:10 magicallyhello

Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note a. January 5 * $94,000 6% 120 days b. February 15 * 15,000 4 30 days c. May 19 67,000 8 45 days d. August 20 35,600 5 90 days e. October 19 48,000 7 90 days * Assume a leap year in which February has 29 days. Assume 360 days in a year when computing the interest.

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