Solved by verified expert :E6-2 E6_7 Determine due date and interest on notesObj|1? Feb. 20, $450Determine the due date and the amount of interest due at maturity on the following notes:Date of NoteFace AmountInterest RateTerm of Notea.January 6$40,000 9% 45 daysb.March 23 9,00010 60 daysc.May 30 12,00012 90 daysd.August 30 18,00010120 dayse.October 1 10,500
Expert answer:E6-2 E6_7 _ Estimating doubtful accounts
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