Question: Presented below are data on three promissory notes. Determine the missing amounts. Date of Maturity Annual Total Note Terms Date Principal Interest Rate Interest (a)

Presented below are data on three promissory notes. Determine the missing amounts.

Date of Maturity Annual Total Note Terms Date Principal Interest Rate Interest

(a) April 1 60 days ? $600,000 5% ?

(b) July 2 30 days ? 90,000 ? $600

(c) March 7 6 months ? 120,000 10% ?

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