Question: Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Term of
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Term of Note 120 days 30 days C. 45 days Date of Nute Face Amount Interest Rate a. Jaliuary 5 $90,000 6% February 15 21,000 4 May 19 68,000 8 d. August 20 34,400 e. October 19 50,000 Assume a leap year in which February has 29 days. Assume 360 days in a year when computing the interest. Note Due Data Interest 5 90 days 90 days May 4- (b) Mar. 16 July 3 (C). (d) (e) Nov. 18 Jan. 12 Fudbach My World The di date is the state the note is to be paid
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