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Determine Due Date and Interest on Notes Determine the due date and the amount of...

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Accounting

Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes. When calculating interest amounts, assume there are 360 days in a year. Round intermediate calculations to 4 decimal places, and round your final answers to the nearest whole dollar. Date of Note Face Amount Interest Rate Term of Note a. January 15 $88,430 11 % 30 days b. April 1 12,015 7 90 days c. June 22 38,325 8 45 days d. August 30 18,390 7 120 days e. October 16 11,515 12 50 days Due Date Interest Due at Maturity

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