Question: QS 7-10 Computing note interest and maturity date LO C2 Determine the maturity date and compute interest for each note. (Use 360 days a year.

QS 7-10 Computing note interest and maturity date LO C2 Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) Note 1. 2. 3. Contract Date March 17 May 09 October 24 Principal $24.000 31,000 19,000 Interest Rate 5 8 4 Period of Note (Term) 60 days 90 days 45 days Contract Date Maturity Month Maturity Date Interest Expenses 1. March 17 2. May 09 3. October 24

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