Question: Presented below are data on three promissory notes Determine the missing amounts Date of note Terms Maturity Date Principal Annual Interest Rate Total Interest a.
Presented below 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 956,000 5%
b. July 2 30 days 81,000 % 540
c. March 7 6 months 132,000 9%
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