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

Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) Note 1. Contract Date March 14 May 06 October 25 Principal $23,000 28,000 16,000 16,000 Interest Ra 6% 8 4 Period of Note (Term) 60 days 90 days 45 days Maturity Month Maturity Date Interest Expenses Expe Contract Date 1. March 14 2. May 06 3. October 25

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