Question: BE8-10 Presented below are data on three promissory notes. Determine the missing amounts. Maturity Date Terms Date of Note (a) April 1 (b) July 2

BE8-10 Presented below are data on three promissory notes. Determine the

BE8-10 Presented below are data on three promissory notes. Determine the missing amounts. Maturity Date Terms Date of Note (a) April 1 (b) July 2 (c) March 7 60 days 30 days 6 months ? ? ? Principal $600,000 90,000 120,000 Annual Interest Rate 5% ? 10% Total Interest ? $600

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