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
Principal		Interest
Rate
Term
a.August 5$6,0008%130 days
b.May 1016,8007%100 days
c.October 2024,0009%55 days
d.July 064,50010%70 days
e.September 159,0008%85 days

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