Question: Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) Note Contract Date March 18

Determine the maturity date and compute interest for each note. (Use

Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) Note Contract Date March 18 May 10 October 19 Interest Rate 5% 1. Period of Note (Term) 60 days 90 days 45 days Principal $27,000 32,000 20,000 2. 3. Maturity Month Maturity Date Interest Expenses Contract Date 1. March 18 2. May 10 3. October 19

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