Question: Brief Exercise 9-10 Presented below are data on three promissory notes Determine the missing amounts. (Use 360 days for calculation.) Maturity Date Annual Interest Rate

Brief Exercise 9-10 Brief Exercise 9-10 Presented below are data on three promissory notes Determine

Presented below are data on three promissory notes Determine the missing amounts. (Use 360 days for calculation.) Maturity Date Annual Interest Rate Total Interest Date of Note (a) April 1 (b) July 2 (c) March 7 Terms 60 days 30 days Principal $576,000 79,500 137,000 5% August 1 $530 6 months 9%

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