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Maturity Dates of Notes Payable Determine the maturity date and compute the interest for...

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Accounting

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 the nearest dollar.
\table[[,Date of note,Principal,Interest Rate (%),Term],[a.,August 5,$20,000,9,120 days],[b.,May 10,8,400,7,90 days],[c.,October 5,12,000,6,45 days],[d.,July 6,6,000,10,60 days],[e.,September 15,12,000,8,75 days]]
For the maturity date, select the appropriate month using the drop-down menu and enter the correct day next to the month using the fill-in the blank answer box.
\table[[Maturity Date,Interest],[a.,,0,$
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