QUESTION 1 Partially correct 0.33 points out of 1.00 Flag question Maturity Dates of Notes...
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QUESTION 1 Partially correct 0.33 points out of 1.00 Flag question Maturity Dates of Notes Payable Determine the maturity date and compute the interest for each of the following notes payable with add-on interest: Use 360 days for calculations and round to the nearest dollar Date of note Principal Interest Rate (%) a. August 5 b. May 10 c. October 20 d. July 6 $22,000 15,400 19,000 11,500 e. September 15 20,500 89% 796 996 10% 89% Term 45 days 60 days 120 days 95 days 60 days For the maturity date, select the appropriate month using the drop-down menu and enter the correct day next to the month using the fill-in the blank answer box Maturity Date Interest a. September b.July . February d. October e. November Check
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