Question: Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: table
Determine Due Date and Interest on Notes
Determine the due date and the amount of interest due at maturity on the following notes:
tableDate of Note,Face Amount,Interest Rate,Term of Notea January $ daysb February daysc May daysd August dayse October days
Assume a leap year in which February has days.
Assume days in a year when computing the interest.
Note Due Date Interest
a $
b $
c $
d
e q
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