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 NoteFace AmountInterest RateTerm of Notea.January 10*$40,0005%90 daysb.March 1918,0008180 daysc.June 590,000730 daysd.September 836,000390 dayse.November 2027,000460 days

*Assume that February has 28 days.

Assume 360-days in a year when computing the interest.

NoteDue Date Interest

(a) $

(b)

(c)

(d)

(e)

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