Question: BE8-10 Presented belwo are data on three promissory notes. Determine the missing amounts. Date of Note Terms Maturity Date Principal Annual Interest Rate Total Interest

BE8-10 Presented belwo are data on three promissory notes. Determine the missing amounts.

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

Determine maturity dates and compute interest and rates on notes.

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