Question: Determine maturity dates and compute interest and rates on notes. BE8.9 (LO 3), AN The following are data on three promissory notes. Determine the missing

 Determine maturity dates and compute interest and rates on notes. BE8.9

Determine maturity dates and compute interest and rates on notes. BE8.9 (LO 3), AN The following are data on three promissory notes. Determine the missing amounts. Date of Terms Maturity Face Value Annual Interest Total Note Date Rate Interest April 1 60 days ? $600,000 9% ? July 2 30 days ? 90,000 ? $600 March 7 6 months ? 120,000 10%

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