Question: Determine due date and interest on notes Determine the due date and the amount of interest due at maturity on the following notes: Note Date
Determine due date and interest on notes
Determine the due date and the amount of interest due at maturity on the following notes:
Note Date of Note Face Amount Interest Rate Term of Note
a January $ days
b February days
c May days
d August days
e October days
Assume a nonleap year in which February has days.
Assume days in a year when computing the interest.
Note Due Date Interest
a
$fill in the blank
b
$fill in the blank
c
$fill in the blank
d
$fill in the blank
e
$fill in the blank
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