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Question 1 10 points Instructions: Round your answers to the nearest whole number. Enter whole...

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Accounting

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Question 1 10 points Instructions: Round your answers to the nearest whole number. Enter whole numbers only. Do not enter commas, decimals or dollar signs. In case it is helpful, here is some information: Month # of Days JUNE 30 JULY 31 AUGUST 31 SEPTEMBER 30 OCTOBER 31 NOVEMBER 30 DECEMBER 31 Compute the accrued interest for each of the following Notes Recevable on 31 December Amount of Interest to Accrue Company North South East West Date of Note 31 October 1 October 1 December 15 December Principal $ 12,000 $ 30,000 $ 27,000 $ 22,500 Interest Rate 6% 3% 8% Term 120 days 4 months 3 months 90 days

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