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

Determine the maturity date and compute interest for each note. Note: Use 360 days a year. Do not round intermediate calculations. Note Contract Date Principal Interest Rate Period of Note (Term) 1. March 12 $ 21,000 6% 60 days 2. May 4 26,000 8 90 days 3. October 23 19,000 4 45 days

Chapter 9 Assignments 10 Determine the maturity date and compute interest for each note. Note: Use 360 days a year. Do not round intermediate calculations

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