Determine the due date and the amount of interest due at maturity on the following notes:...

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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* $92,000 6% 120 days b. February 15* 18,000 4 30 days c. May 19 66,000 8 45 days d. August 20 32,800 5 90 days e. October 19 46,000 7 90 days *Assume a non-leap year in which February has 28 days. Assume 360 days in a year when computing the interest. Note a. b. C. d. e. Due Date Interest 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* $92,000 6% 120 days b. February 15* 18,000 4 30 days c. May 19 66,000 8 45 days d. August 20 32,800 5 90 days e. October 19 46,000 7 90 days *Assume a non-leap year in which February has 28 days. Assume 360 days in a year when computing the interest. Note a. b. C. d. e. Due Date Interest

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a January 5 note Term 120 days Interest rate 6 Due date May 4 120 days aft... View the full answer