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will thumbs up Determine Due Date and Interest on Notes Determine...

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Accounting

will thumbs up
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Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes Date of Note Face Amount Interest Rate Term of Note January 5 $94,000 6% 120 days b. February 15 27,000 4 30 days C May 19 69,000 45 days d. August 20 33,600 5 90 days October 19 52,000 90 days 7 - Assume a leap year in which February has 29 days. Assume 360 days in a year when computing the interest. Note Due Date Interest (a) (b) (c) (d) (e)

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