Compute the Maturity Date and Interest for the Following Notes

Essay

Compute the maturity date and interest for the following notes. $\begin{array}{lrr}&\text { Dates of Notes } &\text { Terms } &\text { Principal} &\text { Interest Rate }\\ \hline \text {(a) } &\text { April } 17& 45 \text { days } &\$ 60,000 & 5 \%\\\\ \text { (b) } &\text { Auqust } 11 & 2 \text { months } &90.000 &8 \%\end{array}$