Question: Determine Due Date and interest on Notes Determine the due date and the amount of Interest due at maturity on the following notes. When calculating
Determine Due Date and interest on Notes Determine the due date and the amount of Interest due at maturity on the following notes. When calculating interest amounts, assume there are 360 days in a year. Round intermediate calculations to 4 decimal places, and round your final answers to the nearest whole dollar, Date of Note Face Amount Interest Rate Term of Note January 15 $102,625 9 % 30 days April 20,055 90 days a. b. 12 June 22 20,775 8 45 days d. August 30 26,385 13 120 days e October 16 18,765 11 50 days Due Date Interest Due at Maturity Feb. 14 Bun, 30 AUG. d Dec 28 Dec
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