Question: Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Term of

 Determine Due Date and Interest on Notes Determine the due date

Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Term of Note a. 120 days 4 30 days 8 45 days Date of Note Face Amount Interest Rate January 5* $100,000 6% b. February 15 * 18,000 May 19 67,000 d. August 20 33,200 e. October 19 48,000 Assume a leap year in which February has 29 days. Assume 360 days in a year when computing the interest. Note Due Date Interest 5 90 days 90 days (a) $ (b) $ $ (d) (e)

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