etermine 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 $51,690 10 % 30 days b. April 1 16,370 9 90 days c. June 22 23,700 7 45 days d. August 30 23,265 12 120 days e. October 16 20,795 8 50 days
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Home » Business » etermine 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.