3. Determine the amount of interest to be recorded at year-end in the following circumstances: (show the computing process)
a. A six month note issued on October 1 for $200 million at 6%. Fiscal year end is February 28.
b. A nine month note issued on August 1 for $300 million at 8%. Calendar year end.
c. A ten month note issued on October 1 for $350 million at 9%. Fiscal year end is March 31.