Question: Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) Interest Note 1. March 17

Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) Interest Note 1. March 17 2. May 9 3. October 24 Contract Date Principal $ 24,000 Rate Period of Note (Term) 5% 60 days 31,000 19,000 8 90 days 4 45 days Interest Contract Date Maturity Month Maturity Date Expense 1. March 17 May 1 2. May 9 August 3. October 24 December

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