K M N O P + A B C D E F 1 G Score: H 0 2 ALT-INTEREST-CALCULATIONS 3 4 Choose exercise number (1-5) 1 - 5 6 . YEAR NOTE 7 Sam borrowed $1,000 on a note payable with 6.0% interest and maturity of 1 year(s). 8 The money was borrowed on 05/07/19. 9 10 Determine the maturity date of the note (MM/DD/YY): 11 0 12 Determine the interest Sam will owe at maturity. 0 13 14 II. MONTH NOTE 15 Donna borrowed $3,000 on a note payable with 6.0% interest and maturity of 3 months. 16 The money was borrowed on 05/07/19 17 18 Determine the maturity date of the note (MM/DD/YY): 19 20 Determine the interest Donna will owe at maturity. 21 22 III. DAY NOTE 23 Kelly borrowed $2,000 on a note payable with 6.0% interest and maturity of 60 days. 24 The money was borrowed on 05/07/19. 25 26 Determine the maturity date of the note (MM/DD/YY): 0 27 28 Determine the interest Kelly will owe at maturity. 0 29 Use a 360 day year in your calculation. 30 31 32 0 0