Maturity Dates of Notes Payable Determine the maturity date and compute the interest for each...
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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: (Use 360 days for interest calculation.) Round your answers to the nearest whole number. Date of note Principal Interest Rate (%) Term a. July 10 $15,200 9% 90 days b. April 14 14,000 8% 120 days c. May 19 13,600 7.5% 120 days d. June 10 13,400 8% 45 days e. October 29 15,500 8% 75 days For the maturity date, select the appropriate month using the drop-down menu and enter the
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