Compute interest and find the maturity date for the following notes.
|
Date of Note |
Principal |
Interest Rate (%) |
Terms |
|
|
(a) |
June 10 |
$80,000 |
6% |
60 days |
|
(b) |
July 14 |
$64,000 |
7% |
90 days |
|
(c) |
April 27 |
$12,000 |
8% |
75 days |
Determine maturity dates and compute interest and rates on notes.