Question: Brief Exercise 8-09 Presented below are data on three promissory notes Determine the missing amounts. (Hound answers for Total Interest to decimal places, e.g. 825.
Brief Exercise 8-09 Presented below are data on three promissory notes Determine the missing amounts. (Hound answers for Total Interest to decimal places, e.g. 825. Round annual interest rate to decimal places, e.g. 15%. Use 360 days for calculation. Date of Note Terms Maturity Date Principal Annual Interest Rate Total Interest (a) April 60 days : 5630,000 8% (6) July 2 30 days 98.400 (c) March 2 6 months 125,000 Click if you would like to Show Work for this question Open Show Work
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