Question: Determine the maturity date, interest at maturity, and maturity value for each of the following notes: a. A 60-day, 10 percent, $4,800 note dated January

Determine the maturity date, interest at maturity, and maturity value for each of the following notes:

a. A 60-day, 10 percent, $4,800 note dated January 5 received from A. Gal for granting a time extension on a past-due account.

b. A 60-day, 12 percent, $3,000 note dated March 9 received from T. Kawa for granting a time extension on a past-due account.

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