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