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 $5$ $$17,0008\%120$ days

b$.$ May $1010,4007\%90$ days

c$.$ October $2014,0009\%60$days

d$.$ July $66,50010\%75$ days

e$.$ September $1515,5008\%75$ 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

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