Maturity Dates of Notes Payable Determine the maturity date and compute the interest for each of the following notes payable with add-on interest: Use 360 days for calculations and round to the nearest dollar.

	Date of note	Principal	Interest Rate	(%)	Term
a.	August 5	$21,000	8%		90 days
b.	May 10	12,400	7%		45 days
c.	October 20	18,000	9%		120 days
d.	July 6	10,500	10%		75 days
e.	September 15	19,500	8%		60 days

For the maturity date, select the appropriate month using the drop-down menu and enter the correct day next to the month using the fill-in the blank answer box.

	Maturity Date		Interest
a.	Answer

	Answer	Answer
b.	Answer

	Answer	Answer
c.	Answer

	Answer	Answer
d.	Answer

	Answer	Answer
e.	Answer

Answer

Answer

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Partially correct