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

Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) Period of Contract Interest Note Note Date Principal Rate (Term) 1. March 8 $17,000 6% 60 days 2. May 22 22,000 8 90 days October 3. 15,000 4 45 days 27 Contract Date Maturity Maturity Interest Month Date Expenses 1. March 8 May 2. May 22 3. October 27 August December Determine the maturity date and compute interest for each note. (Use 360

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