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This posting addresses due dates and interest on notes.

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Determine due date & interest on notes:

date of note face amount interest rate term of note
a. oct.1 $10,500 8% 60 days
b. aug.30 18,000 10 120 days
c.may 30 12,000 12 90 days
d. march 6 15,000 9 60 days
e. may 23 9,000 10 60 days

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Solution Summary

The solution provides the exact calculations for the due dates and interest rate on the five notes.

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Due Dates:
a. 11/29
b. 12/29
c. 8/28
d. 5/5
e. 7/22

Interest: ...

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