Question: QUESTION 2 Assume a 60-day, 6% note for $60,000, dated June 1, is received from a customer on account. What is the amount of interest
QUESTION 2 Assume a 60-day, 6% note for $60,000, dated June 1, is received from a customer on account. What is the amount of interest due on the note when the note matures O $600 $3,600 $60,000 $60,600 QUESTION 3 Assume a 60-day, 6% note for $60,000, dated June 1, is received from a customer on account. What is the maturity value of the note? O $600 $3,600 $60,000 $50,600 QUESTION 4 Assume a 60-day, 6% note for $60,000, dated June 1, is received from a customer on account. What is the due date of the note? July 29 O July 30 July 31 August 1
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