Question: Compute the maturity date and interest for the following notes. (Use 360 days for calculation. Round intermediate calculations to 2 decimal places, eg 52.75

Compute the maturity date and interest for the following notes. (Use 360

Compute the maturity date and interest for the following notes. (Use 360 days for calculation. Round intermediate calculations to 2 decimal places, eg 52.75 and final answers to 0 decimal places, e.g. 1,525.) Dates of Notes Terms Principal Interest Rate (a) April 17 $60,000 6% (b) August 11 80,000 8% Maturity date (a) (b) 60 days 3 months Interest

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