Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days...
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Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation. Do not round intermediate calculations.) a. b. C. Date of Note April 1 July 2 March 7 Terms 60 days 30 days 6 months Maturity Date May 31 August 1 September 7 v Principal $600,000 118,000 120,400 Annual Interest Rate I 6 % % 10 % $ $ Total Interest C
Presented below are data on three promissory notes. Determine the missing amounts, (Use 360 days for calculation, Do not round intermediate calculations)
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