Question: Determine Due Date and Interest on Notes 4 C. Determine the due date and the amount of interest due at maturity on the following notes:

 Determine Due Date and Interest on Notes 4 C. Determine the

Determine Due Date and Interest on Notes 4 C. 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* $90,000 6% 120 days b. February 15 * 21,000 30 days May 19 68,000 8 45 days d. August 20 34,400 5 90 days October 19 50,000 90 days * Assume a leap year in which February has 29 days. Assume 360 days in a year when computing the interest. Note Interest (a) (b) e. 7 Due Date $ (d) (e)

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