Question: Determine the maturity date and compute the interest for each of the following notes payable with add-on interest: (Use 360 as the denominator when calculating

 Determine the maturity date and compute the interest for each of

Determine the maturity date and compute the interest for each of the following notes payable with add-on interest: (Use 360 as the denominator when calculating the interest amount. Round to a whole number.) Date of Note Principal Interest Rate (%) a. August 5 $15.000 8 b. May 10 8,400 7 October 20 12.000 9 d: July 6 4.500 10 e. September 15 13,500 8 Term 120 days 90 days 45 days 60 days 75 days Maturity Date Month Day Interest at Maturity 05 0 0 0 b c e 0 OOOO d. 0 1 1 e 0 0 Check

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