Question: 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

 Determine Due Date and Interest on Notes Determine the due date

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 * b. February 15 * $90,000 21,000 68,000 34,400 50,000 120 days 30 days 45 days 90 days C. May 19 d. August 20 e. October 19 90 days * Assume a leap year in which February has 29 days. Assume 360 days in a year when computing the interest. Note Due Date Interest OSO

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