Question: Determine the maturity date and compute the interest for each of the following notes: (Use 360 days for interest calculation. Round to the nearest dollar.)

Determine the maturity date and compute the interest for each of the following notes: (Use 360 days for interest calculation. Round to the nearest dollar.)

Date of

Note

PrincipalInterest

Rate

Terma.August 5$6,0008%120 daysb.May 1016,8007%90 daysc.October 2024,0009%45 daysd.July 064,50010%60 dayse.September 159,0008%75 days

Maturity DateMonthDayInteresta.DecemberNovemberOctoberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary

a month, day and interest

b month, day and interest

c month, day and interest

d month, day and interest

e month, day and interest

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