Question: Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following note. When calculating

Determine Due Date and Interest on Notes
Determine the due date and the amount of interest due at maturity on the following note. 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, January 15. Face Amount $53,360. Interest Rate 11%. Term of Note, 30 days.

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