Question: Determine the maturity date and compute interest for each note. Note: Use 360 days a year. Do not round intermediate calculations. Note 1. 2. 3.

Determine the maturity date and compute interest for each note. Note: Use 360 days a year. Do not round intermediate calculations. Note 1. 2. 3. Contract Date March 1 May 15 October 20 Principal $ 10,000 15,000 8,000 XE Interest Rate 6% Open Excel in new tab 600 d 8 4 Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. Period of Note (Term) 60 days 90 days 45 days

Determine the maturity date and compute interest for each note. Note: Use 360 days a year. Do not round intermediate calculations. Navigation: 1. Use the Open Excel in New Tab button to launch this question 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. Determine the maturity date and compute interest for each note. Days to be used per year 360days Required: Determine the maturity, date and compute interest for each note. Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work. Nothing in this area will be graded, but it will be submitted with your assignment

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