Knowledge Check

Bramble Supply accepts a $$3,000,120-$day, $4\%$ note dated April $10$ from Clairmont in settlement of Leonard's overdue open account. What is the maturity date?

Determine the interest amount for the three promissory notes. $($For notes expressed in terms of days, use a $360-$day year. Round your answers to $2$ decimal places, eg$.52\mathrm{.}75.)$

$\backslash$table$[[$Terms of Note$],[$$$3,000,6\%,60$ days $