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  3. a. for each of the following notes, calculate the

a. For each of the following notes, calculate the simple interest due at the end...

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Accounting

a. For each of the following notes, calculate the simple interest due at the end of the term.
Round to the nearest dollar.
Note Principal Rate Term
1 $8,0008%8 years
2 $8,00012%5 years
3 $8,0004%2 years
Note 1 Answer
0
Note 2 Answer
0
Note 3 Answer
0
b. Compute the amount of interest due at the end of the term for each of the above notes assuming interest is compounded annually.
Use Excel or a financial calculator for your computations. Round your answer to the nearest dollar.
Note 1 Answer
6,807
Note 2 Answer
6,099
Note 3 Answer
653

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