Compute the interest accrued on each of the following notes payable owed by Northland, Inc., on December 31:
Use 360 days for calculations and round the nearest dollar.
Lender Date of Note Principal Interest Rate (%) Term
Maple 11/21 $18,000 11 120 days
Wyman 12/13 14,000 8 90 days
Nahn 12/10 16,000 12 60 days
Lender Accrued Interest
Maple $
Wyman $
Nahn $