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

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 a. January 10 $40,000 b. March 19 18,000 c. June 5 90,000 d. September 8 36,000 e. November 20 27,000 *Assume that February has 28 days. Assume 360-days in a year when computing the interest. Note Due Date Interest (a) Apr. 10 Sept. 15 Term of Note 90 days 180 days 30 days 90 days 60 days July 5 oso Dec. 7 Jan. 19

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