EX 9-19 Determine due date and interest on notes Obj. 6 Determine the due date and the amount of interest due at maturity on the following notes:

Date of Note . b. C. d. e. January 10* March 19 June 5 September 8 November 20 *Assume that February has 28 days. Face Amount $40.000 18,000 90.000 36,000 27.000 Interest Rate Term of Note 5% 8 90 days 180 days 30 days 90 days 60 days

A table is shown with four columns. The headings, Date of Note, Face Amount, Interest Rate, and Term of Note are set in bold, and a single rule is drawn under the headings. The first row below the rule reads, a. January 10*, $40,000, 5%, and 90 days. The second row reads b. March 19, 18,000, 8, and 180 days. The third row reads, c. June 5, 90,000, 7, and 30 days. The fourth row reads, d. September 8, 36,000, 3, and 90 days. The fifth row reads e. November 20, 27,000, 4, and 60 days. The text below the table reads *Assume that February has 28 days.