Google Doc Access Directions: Please click on File in the upper left corner. If you are working on a Chromebook or Google Docs, choose the Make a copy option and save a copy of the document to your Google Drive. If not, choose the Download as option and then the Microsoft Word (.docx) option to download an editable copy of the document to your computer. Calculating Interest, Maturity Values, and Maturity Dates Directions: Using the information provided, calculate the Interest Due, Maturity Value, and Maturity Date of each note. Input your answers into the table. Save and submit completed work for grading. Date of note (signature) Principal Time Interest Rate Interest Due Maturity Value Maturity Date June 1 $5,000.00 90 Days 6% March 16 $3,500.00 60 Days 8% November 12 $6,000 1 Year 5% January 16 $1,000 90 Days 7.5% May 7 $4,600 60 Days 9% Hint: When calculating the Interest Due convert the Interest Rate into a decimal. Hint: When calculating the Interest Due if Time is less than 1 year find the fraction of a year. The example below assumes 360 days in a year. Time of loan 180 days: divide 180 by 360 or 180/360 = .5 or half a year.