Question: Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation. Do not round intermediate calculations.) Date of
Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation. Do not round intermediate calculations.) Date of Note Terms 60 a. April 1 May 31 days 30 b. July 2 days 6 C. March 7 months Maturity Date Principal Annual Interest Rate $720,000 6 % 70,800 % 127,600 9 % Total Intere
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